Keefe, Bruyette & Woods upgraded shares of Barclays PLC (NYSE:BCS) from an underperform rating to a market perform rating in a research report released on Tuesday, October 31st, Marketbeat reports.
Other equities analysts also recently issued reports about the company. Zacks Investment Research raised Barclays PLC from a hold rating to a buy rating and set a $11.00 price target on the stock in a research report on Tuesday, October 10th. Deutsche Bank AG reissued a buy rating on shares of Barclays PLC in a research report on Monday, August 14th. Morgan Stanley reaffirmed a buy rating on shares of Barclays PLC in a report on Tuesday, July 18th. ValuEngine raised shares of Barclays PLC from a hold rating to a buy rating in a research note on Monday, October 2nd. Finally, Berenberg Bank raised shares of Barclays PLC from a sell rating to a hold rating in a research note on Friday, October 20th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $11.25.
Shares of Barclays PLC (BCS) remained flat at $$9.44 during trading hours on Tuesday. The company had a trading volume of 2,865,900 shares, compared to its average volume of 2,962,194. The company has a market cap of $40,221.52, a P/E ratio of 16.00, a P/E/G ratio of 0.62 and a beta of 0.92. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 3.78. Barclays PLC has a twelve month low of $9.35 and a twelve month high of $12.05.
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Several institutional investors have recently added to or reduced their stakes in BCS. Park National Corp OH purchased a new stake in shares of Barclays PLC during the 3rd quarter worth $109,000. Fox Run Management L.L.C. acquired a new stake in Barclays PLC during the 2nd quarter worth $110,000. Advisor Partners LLC acquired a new stake in Barclays PLC during the 2nd quarter worth $119,000. HPM Partners LLC raised its stake in Barclays PLC by 1.8% during the 2nd quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock worth $122,000 after acquiring an additional 203 shares in the last quarter. Finally, Well Done LLC acquired a new stake in Barclays PLC during the 3rd quarter worth $130,000. 2.52% of the stock is owned by institutional investors and hedge funds.
Barclays PLC Company Profile
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