Barclays (LON:BARC) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Barclays (LON:BARC) in a report issued on Monday,Digital Look reports. They currently have a GBX 350 ($4.42) price target on the financial services provider’s stock.

A number of other equities research analysts have also weighed in on the stock. Shore Capital reiterated a “buy” rating on shares of Barclays in a research note on Thursday, January 30th. JPMorgan Chase & Co. boosted their price objective on Barclays from GBX 360 ($4.54) to GBX 370 ($4.67) and gave the company an “overweight” rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 305 ($3.85).

Barclays Price Performance

BARC stock traded down GBX 1.90 ($0.02) on Monday, hitting GBX 296.85 ($3.75). 58,506,180 shares of the company were exchanged, compared to its average volume of 43,919,918. The stock has a market capitalization of £42.62 billion, a price-to-earnings ratio of 8.72, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. The business’s fifty day moving average is GBX 283.19 and its two-hundred day moving average is GBX 254.83. Barclays has a twelve month low of GBX 162.18 ($2.05) and a twelve month high of GBX 312.60 ($3.94).

Barclays (LON:BARC) last released its quarterly earnings data on Thursday, February 13th. The financial services provider reported GBX 36 ($0.45) EPS for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. Equities research analysts expect that Barclays will post 39.1062802 earnings per share for the current year.

Insider Transactions at Barclays

In other news, insider Robert Berry purchased 3,028 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was purchased at an average cost of GBX 294 ($3.71) per share, with a total value of £8,902.32 ($11,234.63). Also, insider Anna Cross sold 40,197 shares of Barclays stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.41), for a total value of £108,531.90 ($136,966.05). Insiders own 1.47% of the company’s stock.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.