Barclays (BCS) Upgraded to Buy at ValuEngine

ValuEngine upgraded shares of Barclays (NYSE:BCS) from a hold rating to a buy rating in a research report report published on Friday morning.

BCS has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Barclays from a sell rating to a hold rating in a research report on Tuesday, September 26th. JPMorgan Chase & Co. reiterated a buy rating on shares of Barclays in a research report on Monday, November 20th. Goldman Sachs Group reiterated a sell rating on shares of Barclays in a research report on Tuesday, December 5th. BNP Paribas cut shares of Barclays from an outperform rating to a neutral rating in a research report on Thursday, October 5th. Finally, Investec cut shares of Barclays from a buy rating to a hold rating in a research report on Friday, December 15th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $11.25.

Shares of Barclays (BCS) opened at $10.84 on Friday. The company has a market cap of $46,340.00, a PE ratio of 17.48, a PEG ratio of 0.54 and a beta of 0.95. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.21 and a quick ratio of 1.19. Barclays has a 12-month low of $9.29 and a 12-month high of $11.96.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Park National Corp OH purchased a new stake in shares of Barclays in the third quarter valued at about $109,000. HPM Partners LLC grew its holdings in shares of Barclays by 1.8% in the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 203 shares during the period. Well Done LLC purchased a new stake in shares of Barclays in the third quarter valued at about $130,000. ACG Wealth purchased a new stake in shares of Barclays in the third quarter valued at about $130,000. Finally, Strategic Global Advisors LLC grew its holdings in shares of Barclays by 0.6% in the second quarter. Strategic Global Advisors LLC now owns 16,415 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 94 shares during the period. 2.47% of the stock is owned by hedge funds and other institutional investors.

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Barclays Company Profile

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