Barclays PLC (NYSE:BCS) shares traded up 5.2% during trading on Friday . The company traded as high as $8.45 and last traded at $8.25, with a volume of 11,316,774 shares trading hands. The stock had previously closed at $7.84.

A number of research analysts have commented on the stock. Zacks Investment Research upgraded shares of Barclays PLC from a “sell” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Tuesday, May 3rd. Exane BNP Paribas upgraded shares of Barclays PLC from an “underperform” rating to a “neutral” rating in a research note on Friday, May 13th. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a research note on Thursday, May 26th. JPMorgan Chase & Co. downgraded shares of Barclays PLC from an “overweight” rating to a “neutral” rating in a research report on Monday, June 27th. Finally, BNP Paribas upgraded shares of Barclays PLC from an “underperform” rating to a “neutral” rating in a research report on Thursday, May 12th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Barclays PLC presently has an average rating of “Hold” and a consensus price target of $46.91.

The stock’s market cap is $40.97 billion. The firm has a 50 day moving average price of $8.36 and a 200-day moving average price of $9.37.

An institutional investor recently bought a new position in Barclays PLC stock. Airain ltd purchased a new position in shares of Barclays PLC (NYSE:BCS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 146,121 shares of the financial services provider’s stock, 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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