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The latest announcement is out from Barclays ( (GB:BARC) ).
Barclays PLC announced a transaction involving the disposal of 330,000 ordinary shares by Sasha Wiggins, Chief Executive of Private Bank and Wealth Management. The shares were sold at a price of £3.685 each on the London Stock Exchange. This transaction is part of the routine management of shareholdings by individuals in managerial positions, reflecting ongoing adjustments in personal investment portfolios.
The most recent analyst rating on (GB:BARC) stock is a Buy with a £4.45 price target. To see the full list of analyst forecasts on Barclays stock, see the GB:BARC Stock Forecast page.
Spark’s Take on GB:BARC Stock
According to Spark, TipRanks’ AI Analyst, GB:BARC is a Outperform.
Barclays’ strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a bullish outlook, while the valuation suggests the stock is attractively priced. Despite some cash flow volatility and external challenges, the overall outlook remains positive.
To see Spark’s full report on GB:BARC stock, click here.
More about Barclays
Barclays PLC is a major player in the financial services industry, offering a wide range of products including retail banking, credit cards, corporate and investment banking, and wealth management services. The company is focused on providing comprehensive financial solutions to individuals, businesses, and institutions globally.
Average Trading Volume: 35,732,417
Technical Sentiment Signal: Buy
Current Market Cap: £52.51B
See more insights into BARC stock on TipRanks’ Stock Analysis page.