Barclays (LON:BARC) Releases Quarterly Earnings Results

Barclays (LON:BARC) posted its quarterly earnings results on Thursday. The financial services provider reported GBX 36 ($0.45) earnings per share for the quarter, Digital Look Earnings reports. Barclays had a net margin of 19.54% and a return on equity of 6.97%.

Barclays Stock Down 0.0 %

Shares of LON BARC traded down GBX 0.10 ($0.00) during mid-day trading on Friday, reaching GBX 293.15 ($3.68). 500,797,813 shares of the company were exchanged, compared to its average volume of 57,158,066. Barclays has a twelve month low of GBX 141.67 ($1.78) and a twelve month high of GBX 312.40 ($3.93). The stock has a market capitalization of £42.09 billion, a P/E ratio of 8.62, a P/E/G ratio of 1.15 and a beta of 1.36. The company’s 50-day simple moving average is GBX 278.20 and its 200-day simple moving average is GBX 250.27.

Analyst Upgrades and Downgrades

A number of analysts have commented on BARC shares. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a report on Thursday, January 30th. JPMorgan Chase & Co. upped their price objective on Barclays from GBX 350 ($4.40) to GBX 360 ($4.52) and gave the company an “overweight” rating in a report on Monday, January 13th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Barclays currently has a consensus rating of “Buy” and an average price target of GBX 294 ($3.69).

Insider Buying and Selling at Barclays

In other news, insider Anna Cross sold 40,197 shares of Barclays stock in a transaction on Thursday, December 12th. The stock was sold at an average price of GBX 270 ($3.39), for a total transaction of £108,531.90 ($136,398.01). Insiders own 1.47% of the company’s stock.

Barclays Company Profile

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.