Investec lowered shares of Barclays PLC (NYSE:BCS) from a buy rating to a hold rating in a research report released on Friday morning.

Several other equities research analysts have also weighed in on BCS. Shore Capital restated a buy rating on shares of Barclays PLC in a research report on Monday, August 1st. BNP Paribas upgraded Barclays PLC from a neutral rating to an outperform rating in a research report on Monday, August 8th. Exane BNP Paribas upgraded Barclays PLC from a neutral rating to an outperform rating in a research report on Monday, August 8th. Zacks Investment Research upgraded Barclays PLC from a sell rating to a hold rating in a research report on Friday, August 26th. Finally, Citigroup Inc. restated a sell rating on shares of Barclays PLC in a research report on Wednesday, August 31st. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. Barclays PLC presently has an average rating of Hold and a consensus target price of $35.71.

Barclays PLC (NYSE:BCS) opened at 10.40 on Friday. The company’s market cap is $62.00 billion. Barclays PLC has a 52 week low of $6.76 and a 52 week high of $14.13. The firm has a 50-day moving average price of $8.86 and a 200-day moving average price of $8.96.

A number of institutional investors have recently made changes to their positions in the stock. Mariner Wealth Advisors LLC purchased a new position in shares of Barclays PLC during the first quarter worth approximately $161,000. Renaissance Technologies LLC purchased a new position in shares of Barclays PLC during the first quarter worth approximately $30,217,000. Natixis purchased a new position in shares of Barclays PLC during the first quarter worth approximately $480,000. Orbitronix LP purchased a new position in shares of Barclays PLC during the first quarter worth approximately $272,000. Finally, Raymond James Trust N.A. raised its position in shares of Barclays PLC by 29.0% in the second quarter. Raymond James Trust N.A. now owns 19,519 shares of the financial services provider’s stock worth $149,000 after buying an additional 4,393 shares during the last quarter. 2.64% of the stock is owned by institutional investors.

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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