Recent Investment Analysts’ Ratings Changes for Barclays (BCS)

Barclays (NYSE: BCS) recently received a number of ratings updates from brokerages and research firms:

  • 12/11/2017 – Barclays had its “buy” rating reaffirmed by analysts at UBS AG.
  • 12/5/2017 – Barclays had its “sell” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 11/29/2017 – Barclays was upgraded by analysts at Macquarie from an “underperform” rating to a “neutral” rating.
  • 11/29/2017 – Barclays had its “buy” rating reaffirmed by analysts at UBS AG.
  • 11/28/2017 – Barclays was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Barclays' shares on NYSE have significantly underperformed the industry over the last six months. The company has surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. Though, restructuring and business simplifying efforts have ended successfully and continue to result in decrease in expenses, the company has been facing pressure on revenues owing to weak capital market performance, low interest rates and uncertainty related to Brexit. Also, litigation matters remain a near-term concern.”
  • 11/27/2017 – Barclays had its “buy” rating reaffirmed by analysts at J P Morgan Chase & Co.
  • 11/21/2017 – Barclays had its “sell” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 11/20/2017 – Barclays was upgraded by analysts at Bank of America Corp from an “underperform” rating to a “buy” rating.
  • 11/20/2017 – Barclays had its “buy” rating reaffirmed by analysts at J P Morgan Chase & Co.
  • 10/31/2017 – Barclays was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Barclays' shares on NYSE have significantly underperformed the industry over the last six months. The company has surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. The bank’s third quarter 2017 results reflected lower operating costs and a rise in advisory fees, partially offset by decline in net interest income as well as muted investment banking performance. It’s restructuring and business simplifying efforts ended successfully and continue to result in decrease in expenses. A strong balance sheet position is another positive for the company. However, the company has been facing pressure on revenues owing to weak capital market performance, low interest rates and uncertainty related to Brexit. Also, litigation matters remain a near-term concern.”
  • 10/31/2017 – Barclays was upgraded by analysts at Keefe, Bruyette & Woods from an “underperform” rating to a “market perform” rating.
  • 10/20/2017 – Barclays was upgraded by analysts at Berenberg Bank from a “sell” rating to a “hold” rating.

Barclays PLC (NYSE:BCS) opened at $10.82 on Friday. Barclays PLC has a 1-year low of $9.29 and a 1-year high of $11.96. The company has a market cap of $45,380.84, a PE ratio of 15.44, a price-to-earnings-growth ratio of 0.74 and a beta of 0.95. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 3.78.

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

Leave a Reply