Barclays PLC (NYSE:BCS) was downgraded by equities research analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Thursday.

A number of other brokerages also recently commented on BCS. Morgan Stanley reiterated a “buy” rating on shares of Barclays PLC in a research report on Tuesday, July 18th. BidaskClub downgraded Barclays PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Barclays PLC in a research report on Friday, August 11th. Deutsche Bank AG reiterated a “buy” rating on shares of Barclays PLC in a research report on Monday, August 14th. Finally, ValuEngine upgraded Barclays PLC from a “hold” rating to a “buy” rating in a research report on Monday. Eight research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $9.86.

Barclays PLC (BCS) traded down 1.916% during trading on Thursday, hitting $9.985. The stock had a trading volume of 945,305 shares. The company’s market cap is $42.57 billion. The company’s 50 day moving average is $10.05 and its 200-day moving average is $10.60. Barclays PLC has a 12 month low of $8.02 and a 12 month high of $12.05.

Barclays PLC (NYSE:BCS) last announced its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.01). Barclays PLC had a positive return on equity of 2.57% and a negative net margin of 2.65%. The company had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $6.22 billion. On average, equities research analysts predict that Barclays PLC will post $0.86 earnings per share for the current year.

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In other news, major shareholder Plc Barclays sold 37 shares of Barclays PLC stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $100,000.00, for a total value of $3,700,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.02% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Fisher Asset Management LLC grew its stake in shares of Barclays PLC by 13.6% in the second quarter. Fisher Asset Management LLC now owns 19,187,695 shares of the financial services provider’s stock valued at $203,198,000 after buying an additional 2,300,492 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Barclays PLC by 10.7% in the second quarter. Dimensional Fund Advisors LP now owns 13,209,959 shares of the financial services provider’s stock valued at $139,893,000 after buying an additional 1,279,988 shares in the last quarter. Northern Trust Corp grew its stake in shares of Barclays PLC by 9.3% in the second quarter. Northern Trust Corp now owns 6,136,590 shares of the financial services provider’s stock valued at $64,986,000 after buying an additional 521,524 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Barclays PLC by 14.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,904,900 shares of the financial services provider’s stock valued at $62,533,000 after buying an additional 724,794 shares in the last quarter. Finally, Brandes Investment Partners LP grew its stake in shares of Barclays PLC by 0.8% in the second quarter. Brandes Investment Partners LP now owns 5,602,988 shares of the financial services provider’s stock valued at $59,336,000 after buying an additional 43,360 shares in the last quarter. 2.47% of the stock is owned by institutional investors and hedge funds.

Barclays PLC Company Profile

Analyst Recommendations for Barclays PLC (NYSE:BCS)

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