Barclays PLC (ADR) (BCS) is Downgraded by Investec to Hold

Barclays PLC (ADR) (BCS) was Downgraded by Investec to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Investec advised their investors in a research report released on May 25, 2016.

Many Wall Street Analysts have commented on Barclays PLC (ADR). Barclays PLC (ADR) was Upgraded by Exane BNP Paribas to ” Neutral” on May 12, 2016. Barclays PLC (ADR) was Downgraded by Keefe Bruyette to ” Mkt Perform” on Mar 24, 2016. Barclays PLC (ADR) was Downgraded by HSBC Securities to ” Hold” on Mar 22, 2016.

Barclays PLC (ADR) opened for trading at $10.095 and hit $10.23 on the upside on Friday, eventually ending the session at $10.16, with a gain of 1.30% or 0.13 points. The heightened volatility saw the trading volume jump to 37,81,156 shares. Company has a market cap of $42,784 M.

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.

Barclays PLC (ADR)

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