Barclays (BCS) Rating Reiterated by Goldman Sachs Group

Barclays (NYSE:BCS)‘s stock had its “sell” rating restated by research analysts at Goldman Sachs Group in a report issued on Tuesday.

Other equities analysts also recently issued research reports about the stock. Deutsche Bank restated a “buy” rating on shares of Barclays in a research report on Monday, August 14th. Keefe, Bruyette & Woods upgraded shares of Barclays from an “underperform” rating to a “market perform” rating in a research report on Tuesday, October 31st. Berenberg Bank upgraded shares of Barclays from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Zacks Investment Research downgraded shares of Barclays from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 28th. Finally, Macquarie upgraded shares of Barclays from an “underperform” rating to a “neutral” rating in a report on Wednesday, November 29th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $11.25.

Barclays (NYSE:BCS) opened at $10.14 on Tuesday. The company has a market cap of $43,502.30, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 0.68 and a beta of 0.95. The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.19 and a current ratio of 1.21. Barclays has a 12-month low of $9.29 and a 12-month high of $12.05.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Strategic Global Advisors LLC increased its holdings in Barclays by 0.6% during the 2nd quarter. Strategic Global Advisors LLC now owns 16,415 shares of the financial services provider’s stock valued at $174,000 after acquiring an additional 94 shares in the last quarter. State Street Corp increased its holdings in Barclays by 0.4% during the 2nd quarter. State Street Corp now owns 27,113 shares of the financial services provider’s stock valued at $288,000 after acquiring an additional 100 shares in the last quarter. HPM Partners LLC increased its holdings in Barclays by 1.8% during the 2nd quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 203 shares in the last quarter. ARGA Investment Management LP increased its holdings in Barclays by 0.9% during the 2nd quarter. ARGA Investment Management LP now owns 85,597 shares of the financial services provider’s stock valued at $906,000 after acquiring an additional 738 shares in the last quarter. Finally, BTC Capital Management Inc. increased its holdings in Barclays by 1.7% during the 2nd quarter. BTC Capital Management Inc. now owns 56,025 shares of the financial services provider’s stock valued at $593,000 after acquiring an additional 915 shares in the last quarter. Institutional investors and hedge funds own 2.48% of the company’s stock.

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Barclays Company Profile

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