Investec downgraded shares of Barclays (NYSE:BCS) from a buy rating to a hold rating in a research note issued to investors on Friday.

A number of other research firms have also weighed in on BCS. ValuEngine upgraded Barclays from a hold rating to a buy rating in a report on Monday, October 2nd. Goldman Sachs Group reiterated a sell rating on shares of Barclays in a report on Tuesday, December 5th. UBS reiterated a buy rating on shares of Barclays in a report on Monday, December 11th. Zacks Investment Research lowered Barclays from a hold rating to a strong sell rating in a report on Tuesday, November 28th. Finally, Macquarie upgraded Barclays from an underperform rating to a neutral rating in a report on Wednesday, November 29th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of $11.25.

Barclays (NYSE BCS) traded down $0.13 during midday trading on Friday, reaching $10.69. The company had a trading volume of 3,002,093 shares, compared to its average volume of 3,065,877. The firm has a market capitalization of $46,105.23, a PE ratio of 15.68, a P/E/G ratio of 0.75 and a beta of 0.95. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 3.78. Barclays has a fifty-two week low of $9.29 and a fifty-two week high of $11.96.

Institutional investors have recently bought and sold shares of the stock. Park National Corp OH purchased a new position in Barclays during the third quarter worth about $109,000. HPM Partners LLC lifted its stake in shares of Barclays by 1.8% in the 2nd quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 203 shares during the last quarter. Well Done LLC bought a new stake in shares of Barclays in the 3rd quarter valued at about $130,000. ACG Wealth bought a new stake in shares of Barclays in the 3rd quarter valued at about $130,000. Finally, MAI Capital Management lifted its stake in shares of Barclays by 21.8% in the 2nd quarter. MAI Capital Management now owns 12,619 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 2,261 shares during the last quarter. Institutional investors and hedge funds own 2.48% of the company’s stock.

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About Barclays

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