Barclays PLC (BARC) Shares Down 1%

Barclays PLC (LON:BARC) shares fell 1% during trading on Monday . The stock traded as low as GBX 188.70 ($2.51) and last traded at GBX 189.25 ($2.51). 32,884,726 shares traded hands during trading, a decline of 5% from the average session volume of 34,668,800 shares. The stock had previously closed at GBX 191.25 ($2.54).

Several research firms have commented on BARC. Credit Suisse Group set a GBX 230 ($3.06) price objective on shares of Barclays PLC and gave the company a “buy” rating in a report on Wednesday, October 11th. Goldman Sachs Group, Inc. (The) set a GBX 180 ($2.39) price objective on shares of Barclays PLC and gave the company a “sell” rating in a report on Monday, October 9th. BNP Paribas set a GBX 215 ($2.86) price objective on shares of Barclays PLC and gave the company a “neutral” rating in a report on Thursday, October 5th. HSBC Holdings plc reissued a “buy” rating and set a GBX 250 ($3.32) price objective on shares of Barclays PLC in a report on Thursday, September 28th. Finally, Citigroup Inc. reissued a “sell” rating and set a GBX 170 ($2.26) price objective on shares of Barclays PLC in a report on Wednesday, September 27th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 224 ($2.98).

The firm’s market cap is GBX 32.27 billion. The stock’s 50-day moving average price is GBX 189.97 and its 200-day moving average price is GBX 203.58.

The firm also recently announced a dividend, which was paid on Monday, September 18th. Investors of record on Thursday, August 10th were paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.48%. The ex-dividend date of this dividend was Thursday, August 10th.

In other Barclays PLC news, insider Tristram Roberts bought 74,869 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average cost of GBX 192 ($2.55) per share, with a total value of £143,748.48 ($191,002.50). Also, insider Tim J. Breedon bought 3,224 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average cost of GBX 202 ($2.68) per share, for a total transaction of £6,512.48 ($8,653.31). Over the last ninety days, insiders have purchased 88,093 shares of company stock worth $16,946,096.

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