Barclays Earns Neutral Rating from Credit Suisse (BCS)
Shares of Barclays (NYSE:BCS) traded down 1.27% during mid-day trading on Tuesday, hitting $14.81. 1,790,781 shares of the company’s stock traded hands. Barclays has a one year low of $13.96 and a one year high of $19.59. The stock has a 50-day moving average of $14.77 and a 200-day moving average of $15.89. The company has a market cap of $60.521 billion and a P/E ratio of 35.05.
Barclays (NYSE:BCS) last released its earnings data on Wednesday, July 30th. The company reported $0.37 EPS for the quarter. Analysts expect that Barclays will post $1.60 EPS for the current fiscal year.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Investors of record on Friday, August 8th will be given a dividend of $0.067 per share. The ex-dividend date of this dividend is Wednesday, August 6th.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank upgraded shares of Barclays to a “hold” rating in a research note on Thursday, August 21st. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays in a research note on Thursday, August 14th. Nine research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy”.
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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