Barclays (BCS) Upgraded by ValuEngine to Buy

ValuEngine upgraded shares of Barclays (NYSE:BCS) from a hold rating to a buy rating in a report issued on Friday morning.

Several other equities analysts have also issued reports on BCS. Zacks Investment Research raised shares of Barclays from a sell rating to a hold rating in a report on Tuesday, September 26th. BNP Paribas lowered shares of Barclays from an outperform rating to a neutral rating in a report on Thursday, October 5th. Berenberg Bank raised shares of Barclays from a sell rating to a hold rating in a report on Friday, October 20th. Keefe, Bruyette & Woods raised shares of Barclays from an underperform rating to a market perform rating in a report on Tuesday, October 31st. Finally, JPMorgan Chase & Co. reissued a buy rating on shares of Barclays in a report on Monday, November 20th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. Barclays presently has an average rating of Hold and an average price target of $11.25.

Barclays (BCS) opened at $10.77 on Friday. The company has a market cap of $45,940.00, a P/E ratio of 17.37, a P/E/G ratio of 0.56 and a beta of 0.95. Barclays has a 12 month low of $9.29 and a 12 month high of $11.96. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 3.78.

A number of large investors have recently bought and sold shares of BCS. Fisher Asset Management LLC boosted its holdings in Barclays by 7.6% in the third quarter. Fisher Asset Management LLC now owns 20,654,732 shares of the financial services provider’s stock valued at $213,776,000 after purchasing an additional 1,467,037 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Barclays by 10.7% in the second quarter. Dimensional Fund Advisors LP now owns 13,209,959 shares of the financial services provider’s stock worth $139,893,000 after acquiring an additional 1,279,988 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Barclays by 14.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,904,900 shares of the financial services provider’s stock worth $62,533,000 after acquiring an additional 724,794 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Barclays by 21.0% in the second quarter. Parametric Portfolio Associates LLC now owns 3,322,237 shares of the financial services provider’s stock worth $35,182,000 after acquiring an additional 577,284 shares during the period. Finally, Northern Trust Corp raised its position in shares of Barclays by 9.3% in the second quarter. Northern Trust Corp now owns 6,136,590 shares of the financial services provider’s stock worth $64,986,000 after acquiring an additional 521,524 shares during the period. 2.47% of the stock is currently owned by institutional investors.

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Barclays Company Profile

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