Barclays PLC (BCS) Given “Buy” Rating at HSBC
Other equities research analysts have also issued research reports about the company. Investec raised Barclays PLC from a sell rating to a buy rating in a research note on Thursday, August 25th. Shore Capital reaffirmed a buy rating on shares of Barclays PLC in a research note on Monday, August 1st. Zacks Investment Research raised Barclays PLC from a sell rating to a hold rating in a research note on Friday, August 26th. Deutsche Bank AG reaffirmed a hold rating on shares of Barclays PLC in a research note on Friday, September 16th. Finally, Vetr raised Barclays PLC from a sell rating to a hold rating and set a $8.22 target price on the stock in a research note on Tuesday, October 11th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $35.71.
Barclays PLC (NYSE:BCS) traded up 2.41% on Monday, hitting $10.63. The stock had a trading volume of 3,299,773 shares. The firm’s market cap is $63.37 billion. The company’s 50-day moving average price is $9.40 and its 200 day moving average price is $9.00. Barclays PLC has a one year low of $6.76 and a one year high of $14.13.
A number of institutional investors have recently bought and sold shares of the stock. VNBTrust National Association boosted its position in Barclays PLC by 0.6% in the third quarter. VNBTrust National Association now owns 11,671 shares of the financial services provider’s stock worth $101,000 after buying an additional 70 shares during the last quarter. Green Square Capital LLC bought a new position in shares of Barclays PLC during the second quarter valued at approximately $102,000. Stratos Wealth Partners LTD. bought a new position in shares of Barclays PLC during the third quarter valued at approximately $108,000. First Allied Advisory Services Inc. bought a new position in shares of Barclays PLC during the second quarter valued at approximately $110,000. Finally, Kanaly Trust Co boosted its position in shares of Barclays PLC by 3.7% in the third quarter. Kanaly Trust Co now owns 12,819 shares of the financial services provider’s stock valued at $111,000 after buying an additional 452 shares during the last quarter. 2.61% of the stock is owned by institutional investors.
Barclays PLC Company Profile
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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