Barclays Capital Receives “Buy” Rating from Citigroup Inc. (BCS)
Barclays Capital (NYSE:BCS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Citigroup Inc. in a research note issued to investors on Thursday, American Banking News reports.
BCS has been the subject of a number of other recent research reports. Analysts at Investec downgraded shares of Barclays Capital (NYSE:BCS) to a “buy” rating in a research note to investors on Thursday. Separately, analysts at Berenberg Bank raised their price target on shares of Barclays Capital (NYSE:BCS) from $160.00 to $180.00 in a research note to investors on Tuesday, September 3rd. They now have a “sell” rating on the stock.
Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $180.00.
Shares of Barclays Capital (NYSE:BCS) traded down 0.10% on Thursday, hitting $19.28. 1,847,379 shares of the company’s stock traded hands. Barclays Capital has a 52-week low of $13.66 and a 52-week high of $20.60. The stock’s 50-day moving average is $18. and its 200-day moving average is $18.. The company’s market cap is $61.094 billion.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 13th. Shareholders of record on Friday, August 9th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Wednesday, August 7th.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.
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