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

Barclays (LON:BARC)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a report released on Monday,Digital Look reports. They presently have a GBX 350 ($4.42) price target on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 17.90% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on BARC. Shore Capital reissued a “buy” rating on shares of Barclays in a research note on Thursday, January 30th. JPMorgan Chase & Co. lifted their target price on Barclays from GBX 360 ($4.54) to GBX 370 ($4.67) and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 305 ($3.85).

Barclays Stock Performance

LON:BARC traded down GBX 1.90 ($0.02) during trading hours on Monday, reaching GBX 296.85 ($3.75). The stock had a trading volume of 58,506,180 shares, compared to its average volume of 43,919,918. The company has a 50 day moving average price of GBX 283.19 and a two-hundred day moving average price of GBX 254.83. Barclays has a 52 week low of GBX 162.18 ($2.05) and a 52 week high of GBX 312.60 ($3.94). The stock has a market capitalization of £42.62 billion, a PE ratio of 8.72, a PEG ratio of 1.15 and a beta of 1.36.

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

Insider Buying and Selling

In other Barclays news, insider Anna Cross sold 40,197 shares of the stock in a transaction 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 bought 3,028 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were acquired at an average price 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.