Shares of Barclays PLC (NYSE:BCS) traded today at $10.85, eclipsing its 52-week high. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 3.2 million shares.
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (62% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2018, Barclays generated roughly 52% of its income from the U.K. and 34% from the United States.
Barclays PLC defies analysts with a current price ($10.84) 70.1% above its average consensus price target of $3.24.
In the past 52 weeks, Barclays PLC share prices are bracketed by a low of $5.07 and a high of $10.85 and are now at $10.84, 114% above that low price.
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