Barclays PLC (NYSE:BCS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Barclays PLC (NYSE:BCS) has been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

A number of brokerages have issued reports on BCS. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a research report on Thursday, October 23rd. Citigroup restated a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research note on Monday, November 24th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a research note on Tuesday, December 23rd.

Barclays Price Performance

NYSE BCS opened at $27.51 on Tuesday. The company has a 50-day moving average price of $25.06 and a two-hundred day moving average price of $22.06. Barclays has a 52 week low of $12.14 and a 52 week high of $27.54. The stock has a market cap of $95.37 billion, a price-to-earnings ratio of 12.68, a price-to-earnings-growth ratio of 0.41 and a beta of 0.98. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 5.94.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. Barclays had a return on equity of 8.19% and a net margin of 21.26%.The business had revenue of $9.21 billion during the quarter. Analysts forecast that Barclays will post 2 EPS for the current year.

Institutional Trading of Barclays

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Fisher Asset Management LLC boosted its stake in Barclays by 3.6% during the third quarter. Fisher Asset Management LLC now owns 86,027,312 shares of the financial services provider’s stock valued at $1,778,185,000 after buying an additional 2,964,420 shares in the last quarter. Natixis Advisors LLC lifted its holdings in Barclays by 5.9% in the 3rd quarter. Natixis Advisors LLC now owns 9,886,650 shares of the financial services provider’s stock valued at $204,357,000 after acquiring an additional 549,497 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Barclays by 39.2% during the 3rd quarter. American Century Companies Inc. now owns 4,841,068 shares of the financial services provider’s stock valued at $100,065,000 after purchasing an additional 1,362,247 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Barclays by 793.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock worth $99,073,000 after purchasing an additional 4,242,360 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Barclays by 4.5% in the 3rd quarter. Sei Investments Co. now owns 3,855,037 shares of the financial services provider’s stock worth $79,684,000 after purchasing an additional 167,439 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.