Zacks lowered shares of Barclays Capital (NYSE:BCS) from a neutral rating to an underperform rating in a research report released on Friday morning, StockRatingsNetwork reports. Zacks currently has $16.70 price objective on the stock.
Zacks has also modified their ratings on a number of other financials stocks in the few days. The firm reiterated its hold rating on shares of Gentium SpA. They have a $23.00 price target on that stock. Also, Zacks upgraded shares of Sharps Compliance from a neutral rating to an outperform rating. Zacks now has a $3.30 price target on that stock. Finally, Zacks downgraded shares of Monarch Financial from a neutral rating to an underperform rating. Their analysts now have a $11.00 price target on that stock.
A number of other analysts have also recently weighed in on BCS. Analysts at Investec upgraded shares of Barclays Capital to a buy rating in a research note to investors on Friday. Separately, analysts at Societe Generale upgraded shares of Barclays Capital from a hold rating to a buy rating in a research note to investors on Wednesday, October 2nd. Finally, analysts at Nomura cut their price target on shares of Barclays Capital from $340.00 to $330.00 in a research note to investors on Friday, September 27th. They now have a buy rating on the stock. Three analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company’s stock. Barclays Capital currently has an average rating of Hold and a consensus target price of $175.57.
Shares of Barclays Capital (NYSE:BCS) traded down 1.37% during mid-day trading on Friday, hitting $17.24. 623,377 shares of the company’s stock traded hands. Barclays Capital has a 52-week low of $12.9677 and a 52-week high of $18.9862. The stock has a 50-day moving average of $17.09 and a 200-day moving average of $16.98. The company’s market cap is $54.629 billion.
Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management.
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