Barclays PLC (NYSE:BCS)‘s stock had its “buy” rating reaffirmed by equities researchers at HSBC in a research report issued on Monday.

Several other equities analysts have also recently issued reports on the company. Credit Suisse Group AG assumed coverage on Barclays PLC in a research note on Tuesday. They issued an “outperform” rating for the company. Investec cut Barclays PLC from a “buy” rating to a “hold” rating in a research note on Friday, November 11th. Vetr cut Barclays PLC from a “sell” rating to a “strong sell” rating and set a $8.22 price objective for the company. in a research note on Wednesday, November 9th. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a research note on Thursday, November 3rd. Finally, Zacks Investment Research cut Barclays PLC from a “buy” rating to a “hold” rating in a research note on Friday, October 28th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. Barclays PLC presently has an average rating of “Hold” and an average target price of $35.71.

Analyst Recommendations for Barclays PLC (NYSE:BCS)

Shares of Barclays PLC (NYSE:BCS) traded up 2.4528% during midday trading on Monday, reaching $10.6346. The company had a trading volume of 3,290,724 shares. Barclays PLC has a 52-week low of $6.76 and a 52-week high of $14.13. The stock’s market capitalization is $63.39 billion. The company’s 50 day moving average price is $9.40 and its 200 day moving average price is $9.00.

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Several hedge funds have recently bought and sold shares of BCS. Raymond James Trust N.A. increased its stake in 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 period. Edge Wealth Management LLC increased its stake in Barclays PLC by 6,060.6% in the second quarter. Edge Wealth Management LLC now owns 20,330 shares of the financial services provider’s stock worth $155,000 after buying an additional 20,000 shares during the period. Banced Corp acquired a new stake in Barclays PLC during the second quarter worth $203,000. Fisher Asset Management LLC increased its stake in Barclays PLC by 7.5% in the second quarter. Fisher Asset Management LLC now owns 23,244,449 shares of the financial services provider’s stock worth $178,285,000 after buying an additional 1,630,534 shares during the period. Finally, Private Bank & Trust Co. increased its stake in Barclays PLC by 28.1% in the second quarter. Private Bank & Trust Co. now owns 27,637 shares of the financial services provider’s stock worth $210,000 after buying an additional 6,070 shares during the period. Hedge funds and other institutional investors own 2.61% 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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