Barclays PLC (NYSE:BCS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Barclays PLC (NYSE:BCS) have received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

BCS has been the subject of several research analyst reports. Citigroup restated a “neutral” rating on shares of Barclays in a report on Monday, December 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Barclays in a report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research report on Monday, November 24th. Wall Street Zen cut Barclays from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Oppenheimer & Co. Inc. boosted its stake in Barclays by 1.1% in the third quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock valued at $881,000 after acquiring an additional 482 shares in the last quarter. AMG National Trust Bank grew its stake in shares of Barclays by 0.5% during the second quarter. AMG National Trust Bank now owns 105,707 shares of the financial services provider’s stock worth $1,965,000 after acquiring an additional 561 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Barclays by 3.0% in the 3rd quarter. Parallel Advisors LLC now owns 19,183 shares of the financial services provider’s stock valued at $397,000 after purchasing an additional 563 shares during the last quarter. Fifth Third Bancorp grew its position in Barclays by 1.1% during the 2nd quarter. Fifth Third Bancorp now owns 56,035 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 599 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in shares of Barclays by 0.4% in the third quarter. Quadrant Capital Group LLC now owns 152,351 shares of the financial services provider’s stock worth $3,149,000 after buying an additional 633 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

BCS stock opened at $25.15 on Monday. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $87.43 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 0.47 and a beta of 1.00. Barclays has a 1 year low of $12.14 and a 1 year high of $25.26. The stock’s fifty day moving average price is $21.96 and its 200-day moving average price is $20.31.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Tuesday, September 30th. The financial services provider reported $0.45 EPS for the quarter. The business had revenue of $9.21 billion during the quarter. Barclays had a return on equity of 8.19% and a net margin of 21.26%. On average, equities analysts forecast that Barclays will post 2 earnings per share for the current year.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.