Barclays PLC (BCS) Receives Consensus Rating of “Hold” from Analysts

Shares of Barclays PLC (NYSE:BCS) have received an average recommendation of “Hold” from the fifteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating on the company.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Barclays from a “hold” rating to a “sell” rating in a research report on Wednesday. Morgan Stanley lowered shares of Barclays from an “overweight” rating to an “equal” rating in a research report on Wednesday. Keefe, Bruyette & Woods lowered shares of Barclays from a “market perform” rating to an “underperform” rating in a research report on Thursday. Berenberg Bank upgraded shares of Barclays from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Finally, Macquarie upgraded shares of Barclays from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 29th.

Several institutional investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted its position in shares of Barclays by 7.6% in the 3rd quarter. Fisher Asset Management LLC now owns 20,654,732 shares of the financial services provider’s stock worth $213,776,000 after buying an additional 1,467,037 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Barclays by 10.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 13,209,959 shares of the financial services provider’s stock worth $139,893,000 after buying an additional 1,279,988 shares in the last quarter. Northern Trust Corp raised its stake in Barclays by 9.3% in the 2nd quarter. Northern Trust Corp now owns 6,136,590 shares of the financial services provider’s stock valued at $64,986,000 after purchasing an additional 521,524 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Barclays by 14.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,904,900 shares of the financial services provider’s stock valued at $62,533,000 after purchasing an additional 724,794 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its stake in Barclays by 13.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 3,730,934 shares of the financial services provider’s stock valued at $38,615,000 after purchasing an additional 450,707 shares during the last quarter. Institutional investors and hedge funds own 2.47% of the company’s stock.

Shares of Barclays (BCS) opened at $10.68 on Friday. The company has a market cap of $45,700.00, a price-to-earnings ratio of 17.23, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. Barclays has a 1 year low of $9.29 and a 1 year high of $11.96. The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.19 and a current ratio of 1.21.

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Barclays Company Profile

Analyst Recommendations for Barclays (NYSE:BCS)

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