Barclays (BCS) Shares Gap Up to $10.62

Shares of Barclays PLC (NYSE:BCS) gapped up prior to trading on Thursday . The stock had previously closed at $10.17, but opened at $10.62. Barclays shares last traded at $10.69, with a volume of 13124946 shares trading hands.

BCS has been the topic of a number of analyst reports. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a research report on Tuesday, December 5th. UBS Group reiterated a “buy” rating on shares of Barclays in a research report on Monday, December 11th. Zacks Investment Research downgraded shares of Barclays from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 28th. Macquarie upgraded shares of Barclays from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 29th. Finally, Bank of America upgraded shares of Barclays from an “underperform” rating to a “buy” rating in a research report on Monday, November 20th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $11.25.

The company has a debt-to-equity ratio of 3.78, a current ratio of 1.21 and a quick ratio of 1.19. The company has a market cap of $45,253.01, a price-to-earnings ratio of -89.08, a P/E/G ratio of 0.55 and a beta of 0.89.

A number of hedge funds have recently made changes to their positions in the business. Private Advisor Group LLC raised its holdings in Barclays by 28.2% during the 4th quarter. Private Advisor Group LLC now owns 30,928 shares of the financial services provider’s stock worth $335,000 after buying an additional 6,808 shares during the period. Boston Common Asset Management LLC acquired a new stake in Barclays during the 4th quarter worth approximately $145,000. Crossmark Global Holdings Inc. raised its holdings in Barclays by 2.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 390,216 shares of the financial services provider’s stock worth $4,253,000 after buying an additional 8,586 shares during the period. Columbia Asset Management raised its holdings in Barclays by 20.0% during the 4th quarter. Columbia Asset Management now owns 44,030 shares of the financial services provider’s stock worth $480,000 after buying an additional 7,350 shares during the period. Finally, Claraphi Advisory Network LLC acquired a new stake in Barclays during the 4th quarter worth approximately $130,000. Hedge funds and other institutional investors own 2.51% of the company’s stock.

WARNING: This article was published by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & international copyright legislation. The original version of this article can be read at https://www.com-unik.info/2018/02/09/barclays-bcs-shares-gap-up-to-10-62.html.

Barclays Company Profile

Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit