Barclays PLC Common Stock (NYSE:BCS) Gets an Upgrade to a “Hold” Rating

April 17, 2018 - By Hazel Jackson

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Barclays PLC Common Stock (NYSE:BCS) Stock Upgrade

Jefferies gave Barclays PLC Common Stock (NYSE:BCS) shares a new “Buy” rating in analysts note sent to clients and investors on Monday morning. The boost from the previous “Hold” rating is certainly an interesting one.

Barclays PLC (NYSE:BCS) Ratings Coverage

Among 6 analysts covering Barclays Plc (NYSE:BCS), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Barclays Plc had 6 analyst reports since October 20, 2017 according to SRatingsIntel. As per Monday, November 20, the company rating was upgraded by Bank of America. The stock has “Hold” rating by Investec on Friday, December 15. The company was upgraded on Thursday, March 8 by Goldman Sachs. The stock of Barclays PLC (NYSE:BCS) has “Hold” rating given on Friday, October 20 by Berenberg. Jefferies upgraded the stock to “Buy” rating in Monday, April 16 report. Keefe Bruyette & Woods downgraded Barclays PLC (NYSE:BCS) on Thursday, January 11 to “Sell” rating.

The stock decreased 0.36% or $0.05 during the last trading session, reaching $12.28. About 614,198 shares traded. Barclays PLC (NYSE:BCS) has risen 3.36% since April 17, 2017 and is uptrending. It has underperformed by 8.19% the S&P500.

Barclays PLC, through its subsidiaries, provides various financial services and products worldwide. The company has market cap of $51.09 billion. It offers personal and business banking services, credit cards, transactional and other lending products, and investment services and products. It currently has negative earnings. The firm also provides financial advice, primary capital raising and capital markets execution, risk and liquidity management, sales and trading, consumer payments, and wealth management services.

Barclays PLC (NYSE:BCS) Ratings Chart

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