C.S. Venkatakrishnan Sells 114,736 Shares of Barclays PLC (LON:BARC) Stock

Barclays PLC (LON:BARCGet Rating) insider C.S. Venkatakrishnan sold 114,736 shares of the stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of GBX 162 ($1.98), for a total transaction of £185,872.32 ($227,673.10).

Shares of Barclays stock opened at GBX 154.08 ($1.89) on Friday. The stock has a market capitalization of £25.77 billion and a P/E ratio of 4.38. Barclays PLC has a 12-month low of GBX 140.06 ($1.72) and a 12-month high of GBX 219.60 ($2.69). The company has a 50-day simple moving average of GBX 155.54 and a 200 day simple moving average of GBX 172.93.

A number of analysts have weighed in on BARC shares. Berenberg Bank reissued a “buy” rating and issued a GBX 260 ($3.18) price target on shares of Barclays in a report on Friday, April 29th. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 190 ($2.33) price target on shares of Barclays in a report on Thursday, April 28th. Credit Suisse Group set a GBX 245 ($3.00) price target on shares of Barclays in a report on Tuesday, May 24th. Morgan Stanley reissued an “equal weight” rating on shares of Barclays in a report on Wednesday, May 11th. Finally, Jefferies Financial Group set a GBX 369 ($4.52) price objective on shares of Barclays in a research note on Wednesday. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 243.78 ($2.99).

About Barclays (Get Rating)

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

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