Shares of Barclays PLC (NYSE:BCS) traded up 4.5% during trading on Monday . The company traded as high as $7.70 and last traded at $7.65, with a volume of 9,691,773 shares trading hands. The stock had previously closed at $7.32.

A number of analysts have commented on the stock. BNP Paribas upgraded shares of Barclays PLC from a “neutral” rating to an “outperform” rating in a report on Thursday, May 26th. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a report on Thursday, May 26th. Investec downgraded shares of Barclays PLC from a “buy” rating to a “hold” rating in a report on Wednesday, May 25th. Zacks Investment Research upgraded shares of Barclays PLC from a “sell” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Tuesday, May 3rd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Barclays PLC in a report on Thursday, May 19th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Barclays PLC currently has an average rating of “Hold” and an average target price of $40.18.

The firm’s market capitalization is $38.14 billion. The company’s 50-day moving average is $9.43 and its 200 day moving average is $9.85.

Several hedge funds have made changes to their positions in the stock. BNP Paribas Arbitrage SA increased its stake in shares of 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 valued at $4,387,000 after buying an additional 288,987 shares during the period. NorthCoast Asset Management LLC purchased a new position in shares of Barclays PLC during the fourth quarter valued at about $2,018,000. Stevens Capital Management LP increased its position in shares of 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 valued at $1,175,000 after buying an additional 73,824 shares during the last quarter. Profund Advisors LLC increased its position in shares of Barclays PLC by 16.7% in the fourth quarter. Profund Advisors LLC now owns 85,734 shares of the financial services provider’s stock valued at $1,111,000 after buying an additional 12,276 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its position in shares of Barclays PLC by 229.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 150,548 shares of the financial services provider’s stock valued at $1,951,000 after buying an additional 104,919 shares during the last quarter.

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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