Barclays Given Buy Rating at Santander (BCS)
A number of other analysts have also recently weighed in on BCS. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, June 5th. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Barclays in a research note on Wednesday, June 4th. Finally, analysts at HSBC downgraded shares of Barclays from an “overweight” rating to a “neutral” rating in a research note on Wednesday, June 4th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $280.00.
Barclays (NYSE:BCS) traded up 0.62% on Wednesday, hitting $16.22. 1,591,604 shares of the company’s stock traded hands. Barclays has a one year low of $15.32 and a one year high of $19.59. The stock’s 50-day moving average is $16.60 and its 200-day moving average is $16.97. The company has a market cap of $65.878 billion and a price-to-earnings ratio of 51.01.
Barclays (NYSE:BCS) last announced its earnings results on Thursday, May 8th. The company reported $0.37 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.48 by $0.11. On average, analysts predict that Barclays will post $1.85 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 23rd. Investors of record on Friday, May 16th will be given a dividend of $0.068 per share. This represents a $0.27 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, May 14th.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.
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