Analysts at StockNews.com provided coverage on Barclays to investors for the first time on Thursday, the first day they sent out messages to investors (NYSE: BCS).
The financial services company’s stock came with a recommendation from the company to “buy,” meaning to purchase the stock.
The price of a share of BCS common stock was $6.79 when trading began on Thursday.
The current P/E ratio for the company is 4.68, and it has a beta value of 1.39.
The market capitalization of the company is $26.94 billion.
Throughout the company’s trading history, Barclays experienced a price range from a 52-week low of $5.89 to a 52-week high of $9.44.
The quick, current, and debt-to-equity ratios all have the same value of 1.40.
This value is shared across all three ratios.
The company has experienced a moving average of $7.83 over the previous 200 days; the moving average for the previous fifty days is $8.63.
A variety of research professionals from a variety of different fields have also provided recent reports about the company.
Exane In a research report published on December 14, BNP Paribas moved Barclays from a ” neutral ” rating to “outperform,” reflecting the firm’s belief in the company’s future prospects.
BNP Paribas gave Barclays an “outperform” rating in a research report released on December 14.
Previously, Barclays had been given a “neutral” rating. JPMorgan Chase & Co upgraded their rating for Barclays from “neutral” to “overweight” in a research report published on Tuesday, December 6, making it the company’s third and final upgrade. Seven research experts have suggested that investors buy company shares, while only two have suggested that investors keep their holdings.
According to the data retrieved from Bloomberg.com, the general opinion regarding the company’s stock is that it is currently warranting a “Moderate Buy” rating, and the general opinion’s price goal is $212.00.
Recent months have seen a significant number of hedge funds modify the overall number of shares they are presently holding in their portfolios.
Allspring Global Investments Holdings LLC completed the purchase of a new Barclays investment during the third quarter of 2018, at which point it had a value of approximately $32,000. Cullen Frost Bankers INC increased the amount of Barclays stock owned by 37.5% over the third quarter of the fiscal year. Cullen Frost Bankers INC now has 5,164 shares of the stock of the $33,000 company that provides financial services after purchasing an additional 1,407 shares during the most recent quarter.
The company provides a variety of financial services.
To bring the total cost of the transaction to approximately that amount, Belpointe Asset Management LLC spent approximately $42,000 during the fourth quarter to increase its holdings in Barclays.
This brings the total cost of the transaction to approximately that amount.
During the last three months of 2018, Tradewinds LLC acquired approximately 314,000 shares of Barclays, bringing its total number of shares owned to approximately 1.1 million.
During the third quarter, EverSource Wealth Advisors LLC saw a 777.0% increase in the size of its holdings in Barclays, which was not the least of its accomplishments.
EverSource Wealth Advisors LLC now holds 9,244 shares of the financial services provider’s stock, which have a value of $59,000 after the purchase of an additional 8,190 shares during the preceding quarter.
EverSource Wealth Advisors LLC purchased these shares. 3.32 percentage points of the total are accounted for by the ownership of the company’s shares by hedge funds and other institutional investors.
Barclays Plc is a bank holding company that provides its customers with a wide range of financial services.
These services include retail banking, credit card services, commercial and investment banking, and wealth management.
Although they are separate entities, Barclays UK and Barclays International, each has a stake in the company. However, Barclays UK and Barclays International work together to manage the business.
Barclays Britain is the name given to the entirety of the company’s retail banking operations in the United Kingdom.