Barclays Capital (NYSE:BCS) was downgraded by Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on BCS. Analysts at Societe Generale downgraded shares of Barclays Capital from a “buy” rating to a “hold” rating in a research note to investors on Wednesday. Separately, analysts at Nomura reiterated a “reduce” rating on shares of Barclays Capital in a research note to investors on Monday. Finally, analysts at JPMorgan Cazenove reiterated an “overweight” rating on shares of Barclays Capital in a research note to investors on Monday.
Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $160.00.
Barclays Capital (NYSE:BCS) traded down 1.40% on Thursday, hitting $17.462. Barclays Capital has a 52-week low of $10.54 and a 52-week high of $20.60. The stock’s 50-day moving average is currently $18.32. The company’s market cap is $53.416 billion.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 13th. Shareholders of record on Friday, August 9th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Wednesday, August 7th.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.