Barclays PLC (NYSE:BCS)‘s stock had its “sell” rating restated by investment analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Friday.

Several other research firms have also commented on BCS. Morgan Stanley reaffirmed a “buy” rating on shares of Barclays PLC in a research report on Tuesday, July 18th. BidaskClub raised shares of Barclays PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. UBS Group AG raised shares of Barclays PLC from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 17th. Macquarie lowered shares of Barclays PLC from a “neutral” rating to an “underperform” rating in a research report on Friday, April 21st. Finally, Zacks Investment Research lowered shares of Barclays PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, May 30th. Eight analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $10.09.

Barclays PLC (NYSE:BCS) opened at 10.52 on Friday. The company’s market capitalization is $44.85 billion. The firm has a 50-day moving average of $10.71 and a 200-day moving average of $10.96. Barclays PLC has a 52 week low of $8.02 and a 52 week high of $12.05.

Barclays PLC (NYSE:BCS) last released its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.01. Barclays PLC had a negative net margin of 2.65% and a positive return on equity of 2.57%. The business had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $6.22 billion. Equities analysts expect that Barclays PLC will post $0.86 earnings per share for the current fiscal year.

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In other Barclays PLC news, major shareholder Plc Barclays purchased 50 shares of the company’s stock in a transaction on Thursday, July 27th. The stock was acquired at an average cost of $100,000.00 per share, for a total transaction of $5,000,000.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.02% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Trust N.A. increased its position in Barclays PLC by 2.6% in the first quarter. Raymond James Trust N.A. now owns 20,202 shares of the financial services provider’s stock valued at $227,000 after buying an additional 511 shares during the last quarter. Quadrant Capital Group LLC increased its position in Barclays PLC by 447.5% in the first quarter. Quadrant Capital Group LLC now owns 10,425 shares of the financial services provider’s stock valued at $109,000 after buying an additional 8,521 shares during the last quarter. Capstone Asset Management Co. increased its position in Barclays PLC by 2.6% in the first quarter. Capstone Asset Management Co. now owns 338,834 shares of the financial services provider’s stock valued at $3,808,000 after buying an additional 8,670 shares during the last quarter. Duff & Phelps Investment Management Co. acquired a new position in Barclays PLC during the first quarter valued at $6,232,000. Finally, Bollard Group LLC increased its position in Barclays PLC by 13.9% in the first quarter. Bollard Group LLC now owns 110,548 shares of the financial services provider’s stock valued at $1,243,000 after buying an additional 13,461 shares during the last quarter. Institutional investors and hedge funds own 2.52% of the company’s stock.

About Barclays PLC

Analyst Recommendations for Barclays PLC (NYSE:BCS)

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