Barclays PLC (NYSE:BCS)’s share price traded down 2.4% during trading on Wednesday . The company traded as low as $6.85 and last traded at $7.04, with a volume of 20,173,881 shares trading hands. The stock had previously closed at $7.21.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Barclays PLC from a “sell” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Tuesday, May 3rd. Deutsche Bank AG reaffirmed a “hold” rating on shares of Barclays PLC in a research note on Thursday, May 26th. Exane BNP Paribas raised shares of Barclays PLC from an “underperform” rating to a “neutral” rating in a research note on Friday, May 13th. JPMorgan Chase & Co. downgraded shares of Barclays PLC from an “overweight” rating to a “neutral” rating in a research note on Monday, June 27th. Finally, Nomura Holdings Inc. downgraded shares of Barclays PLC from a “buy” rating to a “neutral” rating in a research note on Thursday, March 17th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $40.18.

The stock’s market capitalization is $35.20 billion. The stock’s 50-day moving average price is $9.66 and its 200-day moving average price is $9.93.

A number of institutional investors recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its position in Barclays PLC by 584.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 338,471 shares of the financial services provider’s stock worth $4,387,000 after buying an additional 288,987 shares during the period. NorthCoast Asset Management LLC bought a new position in Barclays PLC during the fourth quarter worth approximately $2,018,000. Stevens Capital Management LP boosted its position in Barclays PLC by 439.4% in the fourth quarter. Stevens Capital Management LP now owns 90,626 shares of the financial services provider’s stock worth $1,175,000 after buying an additional 73,824 shares during the period. Profund Advisors LLC boosted its position in Barclays PLC by 16.7% in the fourth quarter. Profund Advisors LLC now owns 85,734 shares of the financial services provider’s stock worth $1,111,000 after buying an additional 12,276 shares during the period. Finally, Commerzbank Aktiengesellschaft FI boosted its position in Barclays PLC by 229.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 150,548 shares of the financial services provider’s stock worth $1,951,000 after buying an additional 104,919 shares during the period.

Barclays PLC (Barclays) is a global financial services holding company. The Company operates in five business segments: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. Barclays Bank PLC is a wholly owned subsidiary of Barclays. The Personal and Corporate Banking (PCB) comprises personal banking, mortgages, wealth & investment management, and corporate banking.

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