Barclays PLC (ADR) (BCS) is Upgraded by HSBC Securities to Buy

Barclays PLC (ADR) (BCS) was Upgraded by HSBC Securities to ” Buy”. Earlier the firm had a rating of “Hold ” on the company shares. HSBC Securities advised their investors in a research report released on Sep 21, 2016.

Many Wall Street Analysts have commented on Barclays PLC (ADR). Barclays PLC (ADR) was Upgraded by Exane BNP Paribas to ” Outperform” on Aug 8, 2016. Barclays PLC (ADR) was Downgraded by Goldman to ” Neutral” on Jun 28, 2016. Barclays PLC (ADR) was Downgraded by Jefferies to ” Underperform” on Jun 27, 2016.

Barclays PLC (ADR) opened for trading at $8.65 and hit $8.68 on the upside on Tuesday, eventually ending the session at $8.62, with a gain of 0.47% or 0.04 points. The heightened volatility saw the trading volume jump to 42,16,774 shares. Company has a market cap of $36,299 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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