Barclays PLC (NYSE:BCS) shares gapped up prior to trading on Thursday . The stock had previously closed at $8.03, but opened at $8.04. Barclays PLC shares last traded at $8.10, with a volume of 4,644,750 shares.

BCS has been the topic of several analyst reports. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a report on Sunday, June 26th. Goldman Sachs Group Inc. downgraded Barclays PLC from a “buy” rating to a “neutral” rating in a report on Tuesday, June 28th. Zacks Investment Research downgraded Barclays PLC from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Morgan Stanley restated a “neutral” rating on shares of Barclays PLC in a report on Wednesday, March 30th. Finally, Investec downgraded Barclays PLC from a “buy” rating to a “hold” rating in a report on Wednesday, May 25th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $40.18.

The stock’s 50-day moving average is $8.71 and its 200-day moving average is $9.52. The firm’s market cap is $39.88 billion.

A number of institutional investors have recently bought and sold shares of the stock. TD Asset Management Inc. raised its position in shares of Barclays PLC by 46.9% in the fourth quarter. TD Asset Management Inc. now owns 399,796 shares of the financial services provider’s stock valued at $5,181,000 after buying an additional 127,654 shares in the last quarter. Stevens Capital Management LP raised 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 in the last quarter. BNP Paribas Arbitrage SA raised its position 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 in the last quarter. Finally, Airain ltd bought a new position in shares of Barclays PLC during the fourth quarter valued at approximately $1,894,000.

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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