Deutsche Bank Reaffirms Buy Rating for Barclays (BCS)
Barclays (NYSE:BCS) traded down 1.27% on Tuesday, hitting $14.81. The stock had a trading volume of 1,790,781 shares. 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 $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 announced its earnings results on Wednesday, July 30th. The company reported $0.37 earnings per share for the quarter. Analysts expect that Barclays will post $1.60 EPS for the current fiscal year.
The company also recently announced a dividend, which is scheduled for Friday, September 19th. Stockholders of record on Friday, August 8th will be paid a dividend of $0.067 per share. The ex-dividend date is Wednesday, August 6th.
A number of other analysts have also recently weighed in on BCS. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Barclays in a research note on Tuesday. Separately, analysts at Berenberg Bank upgraded shares of Barclays to a “hold” rating in a research note on Thursday, August 21st. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Barclays in a research note on Thursday, August 14th. Nine analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock 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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