Barclays (NYSE:BCS) was downgraded by equities research analysts at Investec from a “buy” rating to a “hold” rating in a report issued on Friday.

Several other research firms have also recently commented on BCS. UBS restated a “buy” rating on shares of Barclays in a report on Monday. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a report on Tuesday, December 5th. ValuEngine upgraded shares of Barclays from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. BNP Paribas cut shares of Barclays from an “outperform” rating to a “neutral” rating in a report on Thursday, October 5th. Finally, Zacks Investment Research upgraded shares of Barclays from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. Barclays has an average rating of “Hold” and an average target price of $11.25.

Barclays (BCS) traded up $0.05 during trading on Friday, hitting $10.82. 2,818,700 shares of the stock traded hands, compared to its average volume of 2,984,117. The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.19 and a current ratio of 1.21. Barclays has a fifty-two week low of $9.29 and a fifty-two week high of $11.96. The stock has a market cap of $45,892.18, a PE ratio of 15.61, a P/E/G ratio of 0.75 and a beta of 0.95.

Hedge funds have recently added to or reduced their stakes in the business. Park National Corp OH bought a new stake in Barclays during the third quarter valued at about $109,000. HPM Partners LLC boosted its holdings in Barclays by 1.8% during the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 203 shares during the period. Well Done LLC bought a new stake in Barclays during the third quarter valued at about $130,000. ACG Wealth bought a new stake in Barclays during the third quarter valued at about $130,000. Finally, MAI Capital Management boosted its holdings in Barclays by 21.8% during the second quarter. MAI Capital Management now owns 12,619 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 2,261 shares during the period. Institutional investors own 2.48% of the company’s stock.

WARNING: This news story was originally published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another site, it was illegally copied and reposted in violation of US & international copyright and trademark law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/12/15/barclays-bcs-stock-rating-lowered-by-investec.html.

About Barclays

Analyst Recommendations for Barclays (NYSE:BCS)

Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.