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

Barclays PLC (NYSE:BCS) has received an average rating of “Hold” from the fifteen brokerages that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company.

BCS has been the subject of a number of research analyst reports. Goldman Sachs Group reissued a “sell” rating on shares of Barclays in a research report on Tuesday, December 5th. UBS Group reissued a “buy” rating on shares of Barclays in a research report on Monday, December 11th. Zacks Investment Research lowered shares of Barclays from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 28th. Macquarie raised shares of Barclays from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 29th. Finally, Bank of America raised shares of Barclays from an “underperform” rating to a “buy” rating in a research report on Monday, November 20th.

Barclays (BCS) opened at $10.52 on Tuesday. The firm has a market cap of $46,744.40, a price-to-earnings ratio of 15.90, a price-to-earnings-growth ratio of 0.57 and a beta of 0.89. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 3.78. Barclays has a 52-week low of $9.29 and a 52-week high of $12.02.

Several institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp raised its position in shares of Barclays by 0.4% during the second quarter. State Street Corp now owns 27,113 shares of the financial services provider’s stock valued at $288,000 after buying an additional 100 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Barclays by 1.0% during the second quarter. Nationwide Fund Advisors now owns 305,296 shares of the financial services provider’s stock valued at $3,233,000 after buying an additional 2,896 shares during the last quarter. Sterling Capital Management LLC raised its position in shares of Barclays by 21.1% during the second quarter. Sterling Capital Management LLC now owns 19,694 shares of the financial services provider’s stock valued at $209,000 after buying an additional 3,437 shares during the last quarter. BB&T Corp raised its position in shares of Barclays by 5.6% during the fourth quarter. BB&T Corp now owns 115,717 shares of the financial services provider’s stock valued at $1,261,000 after buying an additional 6,121 shares during the last quarter. Finally, Advisor Partners LLC raised its position in shares of Barclays by 65.3% during the fourth quarter. Advisor Partners LLC now owns 17,878 shares of the financial services provider’s stock valued at $199,000 after buying an additional 7,063 shares during the last quarter. 2.51% of the stock is owned by institutional investors and hedge funds.

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Barclays Company Profile

Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

Analyst Recommendations for Barclays (NYSE:BCS)

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