Barclays Stock Rating Reaffirmed by Liberum Capital (BCS)

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Barclays (NYSE:BCS)‘s stock had its “hold” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Friday, Analyst Ratings.Net reports.

Barclays (NYSE:BCS) traded down 0.91% during mid-day trading on Friday, hitting $16.36. The stock had a trading volume of 1,836,355 shares. Barclays has a 52-week low of $15.32 and a 52-week high of $19.59. The stock’s 50-day moving average is $16.52 and its 200-day moving average is $17.01. The company has a market cap of $66.446 billion and a price-to-earnings ratio of 52.92.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.48 by $0.11. Analysts expect that Barclays will post $1.91 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, June 23rd. Investors of record on Friday, May 16th will be paid a dividend of $0.068 per share. This represents a $0.27 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Wednesday, May 14th.

Several other analysts have also recently commented on the stock. Analysts at Redburn Partners upgraded shares of Barclays to a “buy” rating in a research note on Thursday. Separately, analysts at BNP Paribas downgraded shares of Barclays from an “outperform” rating to a “neutral” rating in a research note on Monday. Finally, analysts at RBC Capital downgraded shares of Barclays from an “outperform” rating to a “sector perform” rating in a research note on Monday. They now have a $280.00 price target on the stock, down previously from $300.00. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Barclays presently has a consensus rating of “Hold” and a consensus price target of $280.00.

Barclays PLC (NYSE:BCS) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.

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