Investec upgraded Barclays PLC (NYSE:BCS) from Hold to Buy in a report released today.
- Updated: October 19, 2016
Just yesterday Barclays PLC (NYSE:BCS) traded 2.22% higher at $8.56. Barclays PLC’s 50-day moving average is $8.76 and its 200-day moving average is $8.95. The last stock price is down -2.26% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 2,568,347 shares of BCS traded hands, down from an average trading volume of 6,039,240
Investec has upgraded Barclays PLC (NYSE:BCS) from Hold to Buy in a report released on Wednesday October 19, 2016.
Previously on 10/11/2016, Vetr Inc. released a statement about Barclays PLC (NYSE:BCS) increased the target price from $0.00 to $8.22. At the time, this indicated a possible downside of -0.02%.
Recent Performance Chart
Barclays PLC has 52 week low of $6.76 and a 52 week high of $15.64 and has a market capitalization of $0.
In addition to Investec reporting its stock price target, a total of 2 brokerages have issued a ratings update on the company. The average stock price target is $12.35 with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Barclays PLC (NYSE:BCS)
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. The Barclays Corporate & International segment incorporates the Investment Bank segment; the large UK Corporate, and international Corporate and Wealth businesses, and the international Barclaycard business (consisting of the United States, German and Nordic consumer credit cards businesses), and Barclaycard Business Solutions (including merchant acquiring). It operates as financial services provider offering its services to over 20 million personal and card customers, including a million wealth, entrepreneurs and business banking clients.
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