Barclays’ (BCS) Buy Rating Reaffirmed at UBS
BCS has been the topic of several other research reports. Goldman Sachs Group reaffirmed a sell rating on shares of Barclays in a report on Wednesday, September 6th. Zacks Investment Research raised shares of Barclays from a sell rating to a hold rating in a report on Tuesday, September 26th. J P Morgan Chase & Co reaffirmed a buy rating on shares of Barclays in a report on Monday, November 20th. ValuEngine downgraded shares of Barclays from a buy rating to a hold rating in a report on Friday, September 1st. Finally, BNP Paribas downgraded shares of Barclays from an outperform rating to a neutral rating in a report on Thursday, October 5th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. Barclays presently has an average rating of Hold and an average target price of $11.25.
Shares of Barclays (NYSE:BCS) traded up $0.31 during trading hours on Wednesday, reaching $10.35. 5,809,600 shares of the company’s stock traded hands, compared to its average volume of 2,967,611. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.21 and a quick ratio of 1.19. Barclays has a twelve month low of $9.29 and a twelve month high of $12.05. The stock has a market capitalization of $42,777.97, a P/E ratio of 14.55, a P/E/G ratio of 0.67 and a beta of 0.92.
Institutional investors have recently added to or reduced their stakes in the company. Park National Corp OH bought a new stake in shares of Barclays during the third quarter valued at approximately $109,000. Advisor Partners LLC bought a new stake in shares of Barclays during the second quarter valued at approximately $119,000. HPM Partners LLC raised its position in shares of Barclays by 1.8% during the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after buying an additional 203 shares during the last quarter. Well Done LLC bought a new stake in shares of Barclays during the third quarter valued at approximately $130,000. Finally, ACG Wealth bought a new stake in shares of Barclays during the third quarter valued at approximately $130,000. Hedge funds and other institutional investors own 2.48% of the company’s stock.
Barclays Company Profile
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