Barclays Given “Buy” Rating at Nomura (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating reaffirmed by equities researchers at Nomura in a research report issued on Thursday, Stock Ratings Network.com reports.
Barclays (NYSE:BCS) traded down 2.10% on Thursday, hitting $16.81. The stock had a trading volume of 2,921,084 shares. Barclays has a one year low of $13.66 and a one year high of $20.60. The stock’s 50-day moving average is $17.50 and its 200-day moving average is $17.11. The company’s market cap is $53.267 billion.
The company also recently declared a special dividend, which is scheduled for Wednesday, November 13th. Shareholders of record on Friday, November 8th will be given a dividend of $0.06 per share. This represents a yield of 1.49%. The ex-dividend date of this dividend is Wednesday, November 6th.
A number of other firms have also recently commented on BCS. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays in a research note to investors on Thursday. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of Barclays in a research note to investors on Thursday. Finally, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of Barclays in a research note to investors on Wednesday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $168.35.
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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