Barclays’ (BARC) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

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

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

Barclays Trading Down 0.6 %

Barclays stock traded down GBX 1.90 ($0.02) during trading hours on Monday, reaching 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 50-day moving average of GBX 283.19 and a 200 day moving average of GBX 254.83. The firm has a market cap of £42.62 billion, a price-to-earnings ratio of 8.72, a PEG ratio of 1.15 and a beta of 1.36. Barclays has a 12 month low of GBX 162.18 ($2.05) and a 12 month high of GBX 312.60 ($3.94).

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

Insider Activity at Barclays

In other news, insider Anna Cross sold 40,197 shares of the stock in a transaction that occurred on 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). Also, insider Robert Berry acquired 3,028 shares of the business’s stock in a transaction on Friday, February 14th. The shares were bought at an average cost of GBX 294 ($3.71) per share, with a total value of £8,902.32 ($11,234.63). 1.47% of the stock is currently owned by corporate insiders.

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.