Barclays Given Sell Rating at Berenberg Bank (BCS)
Barclays (NYSE:BCS)‘s stock had its “sell” rating reiterated by research analysts at Berenberg Bank in a report released on Wednesday, AnalystRatings.Net reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse initiated coverage on shares of Barclays in a research note to investors on Tuesday, October 8th. They set a “neutral” rating on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Barclays in a research note to investors on Monday, October 7th. Finally, analysts at Zacks downgraded shares of Barclays from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, October 4th. They now have a $16.70 price target on the stock. Three analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $173.35.
Shares of Barclays (NYSE:BCS) traded up 1.57% on Wednesday, hitting $18.08. 2,680,326 shares of the company’s stock traded hands. Barclays has a 52-week low of $13.3088 and a 52-week high of $18.9862. The stock has a 50-day moving average of $17.35 and a 200-day moving average of $17.04. The company’s market cap is $57.291 billion.
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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