Barclays (BCS) Rating Lowered to Equal at Morgan Stanley

Barclays (NYSE:BCS) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal” rating in a research note issued on Wednesday.

Other equities research analysts have also recently issued research reports about the company. Zacks Investment Research cut Barclays from a “hold” rating to a “sell” rating in a research note on Wednesday. Keefe, Bruyette & Woods upgraded Barclays from an “underperform” rating to a “market perform” rating in a research note on Tuesday, October 31st. Berenberg Bank upgraded Barclays from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. Macquarie upgraded Barclays from an “underperform” rating to a “neutral” rating in a research note on Wednesday, November 29th. Finally, UBS Group reiterated a “buy” rating on shares of Barclays in a research note on Wednesday, November 29th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $11.25.

Shares of Barclays (NYSE BCS) traded up $0.02 during trading on Wednesday, hitting $10.93. The stock had a trading volume of 538,721 shares, compared to its average volume of 2,850,000. Barclays has a one year low of $9.29 and a one year high of $11.96. The company has a market cap of $46,700.00, a PE ratio of 17.63, a P/E/G ratio of 0.54 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.

Institutional investors and hedge funds have recently bought and sold shares of the stock. VNBTrust National Association raised its stake in Barclays by 0.6% in the 3rd quarter. VNBTrust National Association now owns 11,671 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 70 shares during the period. Green Square Capital LLC bought a new stake in Barclays in the 2nd quarter valued at $102,000. Stratos Wealth Partners LTD. bought a new stake in Barclays in the 3rd quarter valued at $108,000. Quadrant Capital Group LLC raised its stake in Barclays by 447.5% in the 1st quarter. Quadrant Capital Group LLC now owns 10,425 shares of the financial services provider’s stock valued at $109,000 after acquiring an additional 8,521 shares during the period. Finally, Park National Corp OH bought a new stake in Barclays in the 3rd quarter valued at $109,000. Institutional investors and hedge funds own 2.47% of the company’s stock.

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Barclays Company Profile