Barclays Stock Rating Reaffirmed by BNP Paribas (BCS)
Barclays (NYSE:BCS)‘s stock had its “outperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Thursday, StockRatingsNetwork.com reports.
Barclays (NYSE:BCS) traded down 0.28% on Thursday, hitting $18.03. 2,279,562 shares of the company’s stock traded hands. Barclays has a 1-year low of $13.66 and a 1-year high of $20.60. The stock has a 50-day moving average of $18.05 and a 200-day moving average of $18.37. The company’s market cap is $57.133 billion.
Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley initiated coverage on shares of Barclays in a research note to investors on Thursday. They set an “equal weight” rating on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of Barclays in a research note to investors on Wednesday. Finally, 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. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $173.35.
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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