Bank of America Corporation upgraded shares of Barclays PLC (NYSE:BCS) from an underperform rating to a buy rating in a report published on Monday morning.

A number of other brokerages also recently issued reports on BCS. Deutsche Bank AG restated a buy rating on shares of Barclays PLC in a research report on Monday, August 14th. Keefe, Bruyette & Woods upgraded shares of Barclays PLC from an underperform rating to a market perform rating in a research report on Tuesday, October 31st. Berenberg Bank upgraded shares of Barclays PLC from a sell rating to a hold rating in a research report on Friday, October 20th. Zacks Investment Research lowered shares of Barclays PLC from a buy rating to a hold rating in a research note on Tuesday, October 31st. Finally, BidaskClub lowered shares of Barclays PLC from a sell rating to a strong sell rating in a research note on Wednesday, August 23rd. Four analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $11.25.

Shares of Barclays PLC (NYSE BCS) traded up $0.03 during mid-day trading on Monday, hitting $10.00. 522,355 shares of the stock traded hands, compared to its average volume of 2,965,217. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.21 and a quick ratio of 1.19. Barclays PLC has a 52 week low of $9.29 and a 52 week high of $12.05. The company has a market capitalization of $42,790.00, a P/E ratio of 16.54, a price-to-earnings-growth ratio of 0.64 and a beta of 0.92.

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Several large investors have recently modified their holdings of BCS. Fisher Asset Management LLC boosted its holdings in shares of Barclays PLC by 7.6% in the 3rd quarter. Fisher Asset Management LLC now owns 20,654,732 shares of the financial services provider’s stock worth $213,776,000 after buying an additional 1,467,037 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Barclays PLC by 10.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 13,209,959 shares of the financial services provider’s stock worth $139,893,000 after buying an additional 1,279,988 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Barclays PLC by 14.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,904,900 shares of the financial services provider’s stock worth $62,533,000 after buying an additional 724,794 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in shares of Barclays PLC by 21.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 3,322,237 shares of the financial services provider’s stock worth $35,182,000 after buying an additional 577,284 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Barclays PLC by 9.3% in the 2nd quarter. Northern Trust Corp now owns 6,136,590 shares of the financial services provider’s stock worth $64,986,000 after buying an additional 521,524 shares during the last quarter. 2.46% of the stock is currently owned by institutional investors.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (NYSE:BCS)

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