Barclays PLC (NYSE:BCS)‘s stock had its “buy” rating reaffirmed by investment analysts at Morgan Stanley in a note issued to investors on Tuesday.

A number of other research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Barclays PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, May 30th. Goldman Sachs Group, Inc. (The) lowered shares of Barclays PLC from a “neutral” rating to a “sell” rating in a research note on Friday, May 5th. Natixis lowered shares of Barclays PLC from a “buy” rating to a “neutral” rating in a research note on Thursday, May 4th. J P Morgan Chase & Co upgraded shares of Barclays PLC from a “neutral” rating to an “overweight” rating in a research note on Thursday, June 1st. Finally, Macquarie lowered shares of Barclays PLC from a “neutral” rating to an “underperform” rating in a research note on Friday, April 21st. Eight research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $10.09.

Shares of Barclays PLC (BCS) opened at 10.90 on Tuesday. Barclays PLC has a 12 month low of $7.79 and a 12 month high of $12.05. The company’s 50-day moving average price is $10.64 and its 200-day moving average price is $11.06. The firm has a market cap of $46.12 billion, a P/E ratio of 23.49 and a beta of 0.93.

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A number of hedge funds have recently bought and sold shares of BCS. National Asset Management Inc. increased its stake in Barclays PLC by 0.5% in the first quarter. National Asset Management Inc. now owns 14,854 shares of the financial services provider’s stock valued at $168,000 after buying an additional 80 shares in the last quarter. Wetherby Asset Management Inc. increased its stake in Barclays PLC by 0.7% in the first quarter. Wetherby Asset Management Inc. now owns 43,473 shares of the financial services provider’s stock valued at $488,000 after buying an additional 291 shares in the last quarter. Raymond James Trust N.A. increased its stake in Barclays PLC by 2.6% in the first quarter. Raymond James Trust N.A. now owns 20,202 shares of the financial services provider’s stock valued at $227,000 after buying an additional 511 shares in the last quarter. Earnest Partners LLC increased its stake in Barclays PLC by 2.5% in the first quarter. Earnest Partners LLC now owns 24,910 shares of the financial services provider’s stock valued at $280,000 after buying an additional 619 shares in the last quarter. Finally, Comerica Securities Inc. increased its stake in Barclays PLC by 8.4% in the first quarter. Comerica Securities Inc. now owns 13,387 shares of the financial services provider’s stock valued at $150,000 after buying an additional 1,040 shares in the last quarter. 2.47% of the stock is owned by institutional investors and hedge funds.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (NYSE:BCS)

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