Barclays PLC (NYSE:BCS) shares gapped down prior to trading on Wednesday . The stock had previously closed at $8.65, but opened at $8.68. Barclays PLC shares last traded at $8.83, with a volume of 4,039,124 shares traded.

Several research firms recently weighed in on BCS. Zacks Investment Research upgraded shares of Barclays PLC from a “sell” rating to a “hold” rating in a research report on Friday. Investec upgraded shares of Barclays PLC from a “sell” rating to a “buy” rating in a research report on Thursday. BNP Paribas upgraded shares of Barclays PLC from a “neutral” rating to an “outperform” rating in a research report on Thursday, May 26th. Deutsche Bank AG restated a “hold” rating on shares of Barclays PLC in a research report on Thursday, May 26th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Barclays PLC in a research report on Thursday, May 19th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Barclays PLC presently has a consensus rating of “Hold” and a consensus target price of $46.91.

The firm’s market capitalization is $30.39 billion. The company has a 50 day moving average price of $8.14 and a 200 day moving average price of $9.07.

The firm also recently declared a dividend, which will be paid on Monday, September 19th. Investors of record on Friday, August 12th will be issued 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 acquired a new stake in Barclays PLC (NYSE:BCS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 146,121 shares of the financial services provider’s stock, valued at approximately $1,894,000.

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.

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