Barclays Rating Reiterated by Deutsche Bank (BCS)
Barclays (NYSE:BCS) traded up 4.16% during mid-day trading on Wednesday, hitting $15.51. 4,158,785 shares of the company’s stock traded hands. Barclays has a 52 week low of $13.96 and a 52 week high of $19.59. The stock has a 50-day moving average of $15.15 and a 200-day moving average of $16.42. The company has a market cap of $62.994 billion and a P/E ratio of 47.12.
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. Analysts expect that Barclays will post $1.72 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on BCS. Analysts at Numis Securities Ltd upgraded shares of Barclays to a “buy” rating in a research note on Tuesday. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Barclays in a research note on Monday, July 21st. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Barclays in a research note on Friday, July 18th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $146.50.
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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