Barclays Rating Reiterated by Societe Generale (BCS)
Barclays (NYSE:BCS)‘s stock had its “buy” rating restated by equities research analysts at Societe Generale in a research note issued to investors on Thursday, StockRatingsNetwork reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Barclays in a research note to investors on Thursday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays in a research note to investors on Thursday. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Barclays in a research note to investors on Thursday. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the stock. Barclays presently has an average rating of “Hold” and a consensus price target of $168.35.
Barclays (NYSE:BCS) traded down 2.10% on Thursday, hitting $16.81. 2,921,084 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’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 announced a special dividend, which is scheduled for Wednesday, November 13th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.06 per share. This represents a dividend yield of 1.49%. The ex-dividend date is Wednesday, November 6th.
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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