Barclays PLC (NYSE:BCS) gapped up before the market opened on Monday . The stock had previously closed at $7.94, but opened at $8.09. Barclays PLC shares last traded at $8.31, with a volume of 5,115,375 shares traded.

Several equities research analysts recently weighed in on BCS shares. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a research note on Sunday, June 26th. Zacks Investment Research lowered shares of Barclays PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th. Goldman Sachs Group Inc. lowered shares of Barclays PLC from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 28th. Investec lowered shares of Barclays PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, May 25th. Finally, Bank of America Corp. lowered shares of Barclays PLC from a “buy” rating to a “neutral” rating in a research note on Monday, June 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $46.91.

The company has a 50-day moving average price of $8.15 and a 200-day moving average price of $9.23. The stock’s market capitalization is $28.87 billion.

The business also recently announced a dividend, which will be paid on Monday, September 19th. Shareholders of record on Friday, August 12th will be paid a $0.052 dividend. The ex-dividend date of this dividend is Wednesday, August 10th.

An institutional investor recently bought a new position in Barclays PLC stock. Airain ltd bought a new position in Barclays PLC (NYSE:BCS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 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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