Goldman Sachs Group Reaffirms Sell Rating for Barclays (BCS)
Barclays (NYSE:BCS)‘s stock had its “sell” rating reaffirmed by investment analysts at Goldman Sachs Group in a research note issued on Tuesday.
Several other research analysts have also commented on the stock. Bank of America raised shares of Barclays from an “underperform” rating to a “buy” rating in a report on Monday, November 20th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Barclays in a research report on Monday, November 20th. Deutsche Bank reiterated a “buy” rating on shares of Barclays in a research report on Monday, August 14th. Zacks Investment Research upgraded shares of Barclays from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Tuesday, October 10th. Finally, ValuEngine upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $11.25.
Barclays (NYSE BCS) traded down $0.17 during mid-day trading on Tuesday, hitting $10.21. 2,217,204 shares of the stock traded hands, compared to its average volume of 2,986,958. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 3.78. The firm has a market capitalization of $43,715.34, a price-to-earnings ratio of 14.87, a PEG ratio of 0.68 and a beta of 0.95. Barclays has a twelve month low of $9.29 and a twelve month high of $12.05.
Barclays Company Profile
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