Brokerage Firm Rating Update on Barclays PLC (BCS)

Barclays PLC (BCS) : Zacks Investment Research ranks Barclays PLC (BCS) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.8, which indicates as a Hold.


Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Exane BNP Paribas upgrades its rating on Barclays PLC (NYSE:BCS). The shares have been rated Outperform. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 8, 2016.

Barclays PLC (NYSE:BCS): stock was range-bound between the intraday low of $9.0222 and the intraday high of $9.115 after having opened at $9.07 on Wednesdays session. The stock finally closed in the red at $9.07, a loss of -0.66%. The stock remained in the red for the whole trading day. The total traded volume was 3,763,025 shares. The stock failed to cross $9.115 in Wednesdays trading. The stocks closing price on Thursday was $9.13.

Barclays PLC (Barclays) is a global financial services holding company. The Company operates in five business segments: Personal and Corporate Banking (PCB), Barclaycard, Africa Banking, Investment Bank and Head Office. Barclays Bank PLC is a wholly owned subsidiary of Barclays. The Personal and Corporate Banking (PCB) comprises personal banking, mortgages, wealth & investment management, and corporate banking. Barclaycard is an international payments services provider. The Africa Banking business is managed under three primary businesses. Its businesses include retail and business banking (RBB); wealth, investment management and insurance (WIMI); corporate and investment banking (CIB), as well as an Africa Head Office function. The Investment Bank consists of origination-led and returns-focused markets. Head Office comprises head office and central support functions. It also includes the businesses in transition and consolidation adjustments.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *