Barclays Receives “Neutral” Rating from Credit Suisse (BCS)
Shares of Barclays (NYSE:BCS) traded up 1.99% during mid-day trading on Friday, hitting $14.84. 5,818,945 shares of the company’s stock traded hands. Barclays has a 52-week low of $15.32 and a 52-week high of $19.59. The stock’s 50-day moving average is $16.41 and its 200-day moving average is $16.92. The company has a market cap of $60.273 billion and a P/E ratio of 46.04.
Barclays (NYSE:BCS) last released its earnings data on Thursday, May 8th. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.48 by $0.11. Analysts expect that Barclays will post $1.85 EPS for the current fiscal year.
BCS has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barclays in a research note on Friday. Separately, analysts at Goldman Sachs upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research note on Monday. Finally, analysts at Canaccord Genuity upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research note on Monday. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the stock. Barclays has an average rating of “Buy” and a consensus price target of $280.00.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.