Analysts Set Barclays PLC (BCS) PT at $8.22

Barclays PLC (NYSE:BCS) has received a consensus rating of “Hold” from the twenty research firms that are covering the stock, MarketBeat reports. Eight equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $8.22.

A number of analysts recently weighed in on the stock. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Barclays PLC in a research report on Saturday, May 20th. UBS AG raised shares of Barclays PLC from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 17th. Morgan Stanley reissued a “buy” rating on shares of Barclays PLC in a research report on Tuesday, July 18th. ValuEngine lowered shares of Barclays PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Natixis lowered shares of Barclays PLC from a “buy” rating to a “neutral” rating in a research report on Thursday, May 4th.

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In other news, major shareholder Plc Barclays sold 37 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $100,000.00, for a total transaction of $3,700,000.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.02% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. National Asset Management Inc. raised its position in shares of Barclays PLC by 0.5% in the first quarter. National Asset Management Inc. now owns 14,854 shares of the financial services provider’s stock valued at $168,000 after buying an additional 80 shares during the last quarter. Strategic Global Advisors LLC raised its position in shares of Barclays PLC by 0.6% in the second quarter. Strategic Global Advisors LLC now owns 16,415 shares of the financial services provider’s stock valued at $174,000 after buying an additional 94 shares during the last quarter. HPM Partners LLC raised its position in shares of Barclays PLC by 1.8% in 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. Wetherby Asset Management Inc. raised its position in shares of Barclays PLC by 0.7% in the first quarter. Wetherby Asset Management Inc. now owns 43,473 shares of the financial services provider’s stock valued at $488,000 after buying an additional 291 shares during the last quarter. Finally, Raymond James Trust N.A. raised its position in shares of 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. 2.52% of the stock is currently owned by institutional investors.

Barclays PLC (NYSE BCS) traded down 1.759% during midday trading on Friday, hitting $10.335. The company’s stock had a trading volume of 1,894,306 shares. The company’s market cap is $44.06 billion. The stock 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 posted its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.01. Barclays PLC had a positive return on equity of 2.57% and a negative net margin of 2.65%. The firm had revenue of $6.46 billion during the quarter, compared to analysts’ expectations of $6.22 billion. On average, equities analysts expect that Barclays PLC will post $0.86 EPS for the current year.

The business also recently announced a None dividend, which will be paid on Monday, September 18th. Stockholders of record on Friday, August 11th will be given a dividend of $0.051 per share. This represents a dividend yield of 1.95%. The ex-dividend date is Wednesday, August 9th. Barclays PLC’s dividend payout ratio (DPR) is presently -117.64%.

Barclays PLC Company Profile

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