Barclays PLC (LON:BARC) shares dropped 1% during mid-day trading on Monday . The company traded as low as GBX 188.70 ($2.51) and last traded at GBX 189.25 ($2.51). Approximately 32,884,726 shares changed hands during trading, a decline of 5% from the average daily volume of 34,668,800 shares. The stock had previously closed at GBX 191.25 ($2.54).
BARC has been the subject of a number of research reports. Investec reiterated a “buy” rating and set a GBX 245 ($3.26) price objective on shares of Barclays PLC in a report on Tuesday, June 20th. Goldman Sachs Group, Inc. (The) increased their price objective on Barclays PLC to GBX 180 ($2.39) and gave the stock a “sell” rating in a report on Thursday, June 22nd. J P Morgan Chase & Co set a GBX 240 ($3.19) price objective on Barclays PLC and gave the stock a “buy” rating in a report on Monday, June 26th. UBS AG set a GBX 235 ($3.12) price objective on Barclays PLC and gave the stock a “buy” rating in a report on Wednesday, June 28th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 250 ($3.32) price objective on shares of Barclays PLC in a report on Friday, June 30th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 224 ($2.98).
The firm has a 50 day moving average of GBX 189.97 and a 200-day moving average of GBX 203.58. The stock’s market capitalization is GBX 32.51 billion.
The company also recently disclosed a dividend, which was paid on Monday, September 18th. Shareholders of record on Thursday, August 10th were issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.48%. The ex-dividend date was Thursday, August 10th.
In other news, insider Matthew Lester acquired 10,000 shares of Barclays PLC stock in a transaction on Wednesday, September 13th. The stock was acquired at an average cost of GBX 192 ($2.55) per share, with a total value of £19,200 ($25,511.56). Also, insider Tristram Roberts acquired 74,869 shares of Barclays PLC stock in a transaction on Friday, September 29th. The shares were purchased at an average cost of GBX 192 ($2.55) per share, with a total value of £143,748.48 ($191,002.50). Over the last three months, insiders have acquired 88,093 shares of company stock valued at $16,946,096.
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About Barclays PLC
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