Barclays PLC (NYSE:BCS) was downgraded by analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday.

A number of other equities research analysts also recently weighed in on BCS. Deutsche Bank AG reaffirmed a “buy” rating on shares of Barclays PLC in a research report on Monday, August 14th. BidaskClub raised Barclays PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. ValuEngine raised Barclays PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, June 27th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Barclays PLC in a research report on Friday, August 11th. Finally, Zacks Investment Research raised Barclays PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Eight equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $9.86.

Shares of Barclays PLC (NYSE BCS) traded down 1.87% during mid-day trading on Thursday, hitting $9.99. 1,030,155 shares of the stock were exchanged. The firm’s market cap is $42.59 billion. The stock’s 50 day moving average is $10.05 and its 200 day moving average is $10.60. Barclays PLC has a 12 month low of $8.02 and a 12 month high of $12.05.

Barclays PLC (NYSE:BCS) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). Barclays PLC had a positive return on equity of 2.57% and a negative net margin of 2.65%. The firm had revenue of $6.46 billion for the quarter, compared to the consensus estimate of $6.22 billion. Analysts expect that Barclays PLC will post $0.86 EPS for the current fiscal year.

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In related news, major shareholder Plc Barclays sold 37 shares of Barclays PLC stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $100,000.00, for a total transaction of $3,700,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.02% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. National Asset Management Inc. grew its holdings 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 purchasing an additional 80 shares during the period. Strategic Global Advisors LLC grew its holdings in Barclays PLC by 0.6% in the second quarter. Strategic Global Advisors LLC now owns 16,415 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 94 shares during the period. State Street Corp grew its holdings in Barclays PLC by 0.4% in the second quarter. State Street Corp now owns 27,113 shares of the financial services provider’s stock valued at $288,000 after purchasing an additional 100 shares during the period. HPM Partners LLC grew its holdings in Barclays PLC by 1.8% in the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 203 shares during the period. Finally, Earnest Partners LLC grew its holdings 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 purchasing an additional 619 shares during the period. 2.47% of the stock is currently owned by institutional investors.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (NYSE:BCS)

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