Barclays PLC (NYSE:BCS) was upgraded by Vetr from a “sell” rating to a “hold” rating in a report released on Tuesday. The firm currently has a $8.22 target price on the financial services provider’s stock. Vetr‘s price target would indicate a potential downside of 2.26% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the company. Zacks Investment Research upgraded Barclays PLC from a “hold” rating to a “strong-buy” rating and set a $11.00 price target for the company in a research note on Friday, September 9th. Citigroup Inc. reiterated a “sell” rating on shares of Barclays PLC in a research note on Wednesday, August 31st. Exane BNP Paribas upgraded Barclays PLC from a “neutral” rating to an “outperform” rating in a research note on Monday, August 8th. HSBC upgraded Barclays PLC from a “hold” rating to a “buy” rating and boosted their price target for the company from $6.76 to $8.62 in a research note on Wednesday, September 21st. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a research note on Sunday, June 26th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $35.71.

Analyst Recommendations for Barclays PLC (NYSE:BCS)

Barclays PLC (NYSE:BCS) traded down 1.41% during midday trading on Tuesday, hitting $8.41. The stock had a trading volume of 6,328,082 shares. The company has a 50-day moving average of $8.82 and a 200-day moving average of $8.97. Barclays PLC has a 1-year low of $6.76 and a 1-year high of $15.81. The stock’s market cap is $29.08 billion.

The business also recently disclosed a dividend, which was paid on Monday, September 19th. Investors of record on Friday, August 12th were issued a $0.052 dividend. The ex-dividend date of this dividend was Wednesday, August 10th. Barclays PLC’s payout ratio is -31.25%.

Hedge funds have recently bought and sold shares of the stock. Raymond James Trust N.A. boosted its stake in shares of Barclays PLC by 5.7% in the third quarter. Raymond James Trust N.A. now owns 20,635 shares of the financial services provider’s stock worth $179,000 after buying an additional 1,116 shares during the period. VNBTrust National Association boosted its stake in shares of Barclays PLC by 0.6% in the third quarter. VNBTrust National Association now owns 11,671 shares of the financial services provider’s stock worth $101,000 after buying an additional 70 shares during the period. Eqis Capital Management Inc. boosted its stake in shares of Barclays PLC by 54.3% in the third quarter. Eqis Capital Management Inc. now owns 19,004 shares of the financial services provider’s stock worth $165,000 after buying an additional 6,688 shares during the period. Lincluden Management Ltd. boosted its stake in shares of Barclays PLC by 2.1% in the second quarter. Lincluden Management Ltd. now owns 164,524 shares of the financial services provider’s stock worth $1,250,000 after buying an additional 3,402 shares during the period. Finally, Sterling Capital Management LLC boosted its stake in shares of Barclays PLC by 0.5% in the second quarter. Sterling Capital Management LLC now owns 17,517 shares of the financial services provider’s stock worth $133,000 after buying an additional 83 shares during the period. Institutional investors and hedge funds own 2.95% of the company’s stock.

About Barclays PLC

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.

5 Day Chart for NYSE:BCS

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