Barclays’s Buy Rating Reaffirmed at Deutsche Bank (BCS)
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated an “underperform” rating on shares of Barclays in a research note on Thursday. They now have a $13.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Barclays in a research note on Wednesday. Finally, analysts at Macquarie upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a research note on Monday. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $146.50.
Barclays (NYSE:BCS) traded down 0.56% on Friday, hitting $14.26. The stock had a trading volume of 6,618,382 shares. Barclays has a 52 week low of $13.96 and a 52 week high of $19.59. The stock’s 50-day moving average is $15.81 and its 200-day moving average is $16.76. The company has a market cap of $57.917 billion and a P/E ratio of 44.81.
Barclays (NYSE:BCS) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.11. On average, analysts predict that Barclays will post $1.83 earnings per share for the current fiscal year.
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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