Insider Buying: Barclays (LON:BARC) Insider Acquires £9,482.76 in Stock

by · The Cerbat Gem

Barclays PLC (LON:BARC – Get Free Report) insider Robert Berry bought 1,908 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were acquired at an average price of GBX 497 per share, with a total value of £9,482.76.

Barclays Stock Up 0.2%

BARC opened at GBX 511.71 on Friday. The stock’s 50 day moving average price is GBX 495.16 and its two-hundred day moving average price is GBX 459.59. The firm has a market capitalization of £69.01 billion, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 1.15 and a beta of 0.88. Barclays PLC has a 12-month low of GBX 352.65 and a 12-month high of GBX 538.30.

Barclays (LON:BARC – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The financial services provider reported GBX 30.70 EPS for the quarter. Barclays had a return on equity of 10.11% and a net margin of 25.61%. As a group, analysts anticipate that Barclays PLC will post 39.1062802 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on BARC shares. Berenberg Bank reissued a “buy” rating and issued a GBX 620 price target on shares of Barclays in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 570 price objective on shares of Barclays in a report on Wednesday. Citigroup upped their price objective on shares of Barclays from GBX 505 to GBX 510 and gave the company a “neutral” rating in a research report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 590 target price on shares of Barclays in a research note on Wednesday. Finally, Royal Bank Of Canada decreased their target price on Barclays from GBX 575 to GBX 550 and set an “outperform” rating on the stock in a research report on Wednesday. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Barclays has an average rating of “Moderate Buy” and an average price target of GBX 575.

View Our Latest Stock Analysis on BARC

Key Headlines Impacting Barclays

Here are the key news stories impacting Barclays this week:

  • Positive Sentiment: Share buyback supports returns: Barclays launched a programme to repurchase up to £1 billion of stock. The buyback should reduce excess capital, potentially lift earnings per share and reinforce shareholder returns. Barclays Launches £1bn Share Buy-back
  • Positive Sentiment: Broad insider buying: Barclays directors and senior figures, including Chairman Nigel Higgins, bought shares at approximately GBX 497. The purchases offer a modest confidence signal following the bank’s recent results, although the transactions are relatively small compared with the company’s market value. Barclays Insider Purchases
  • Positive Sentiment: Analyst support remains favorable: Deutsche Bank and Jefferies reaffirmed “buy” ratings, while JPMorgan raised its target to GBX 610 and Berenberg maintained a GBX 620 objective. The reported consensus target of GBX 545 also remains above recent trading levels, implying additional potential upside. Barclays Consensus Price Target
  • Positive Sentiment: Potentially favorable bank regulation: Former Barclays CEO Bob Diamond said the Clarity Act could be beneficial for banks over time, adding to optimism about the sector’s longer-term regulatory environment. Bob Diamond on the Clarity Act
  • Neutral Sentiment: Mixed broker revisions: JPMorgan raised its target and Citigroup moved its target to GBX 510 while retaining a “neutral” rating. RBC reduced its target from GBX 575 to GBX 550 but kept an “outperform” recommendation. RBC Barclays Target Revision
  • Negative Sentiment: Political and valuation risks: Calls for higher taxes on UK banks after Barclays’ profits increased could constrain future earnings and capital returns. Separate commentary also questioned whether the bank’s recent results fully justify its valuation, potentially limiting further gains. UK Bank Tax Pressure

Barclays Company Profile

(Get Free Report)

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. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.

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