Barclays PLC (BCS) : Zacks Investment Research ranks Barclays PLC (BCS) as 1, which is a Strong Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.8, which indicates as a Hold.
Also, Equity analysts at the Brokerage firm Exane BNP Paribas upgrades its rating on Barclays PLC (NYSE:BCS). The rating major has initiated the coverage with outperform rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 8, 2016.
Barclays PLC (NYSE:BCS): After opening at $8.9, the stock dipped to an intraday low of $8.87 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $9.01 and the buying power remained strong till the end. The stock closed at $8.99 for the day, a gain of 0.45% for the day session. The total traded volume was 4,575,048. The stocks close on the previous trading day was $8.95.
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.