Barclays PLC (ADR) (BCS) was Downgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Goldman advised their investors in a research report released on Jun 28, 2016.
Many Wall Street Analysts have commented on Barclays PLC (ADR). Barclays PLC (ADR) was Downgraded by Jefferies to ” Underperform” on Jun 27, 2016. Barclays PLC (ADR) was Downgraded by BofA/Merrill to ” Neutral” on Jun 27, 2016. Barclays PLC (ADR) was Downgraded by JP Morgan to ” Neutral” on Jun 27, 2016.
Barclays PLC (ADR) closed down -1.86 points or -20.92% at $7.03 with 15,01,10,120 shares getting traded on Monday. Post opening the session at $7.05, the shares hit an intraday low of $6.76 and an intraday high of $7.19 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.