Is there a Bearish outlook for Barclays PLC (LON:BARC) this week?

January 14, 2018 - By Adrian Mccoy

 Is there a Bearish outlook for Barclays PLC (LON:BARC) this week?

Barclays PLC (LON:BARC) Ratings Coverage

Among 28 analysts covering Barclays PLC (LON:BARC), 18 have Buy rating, 3 Sell and 7 Hold. Therefore 64% are positive. Barclays PLC had 347 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by HSBC with “Buy” on Thursday, September 28. As per Tuesday, October 20, the company rating was maintained by Societe Generale. The stock of Barclays PLC (LON:BARC) earned “Buy” rating by Societe Generale on Friday, October 30. Shore Capital maintained the shares of BARC in report on Wednesday, October 28 with “Hold” rating. The company was maintained on Monday, September 14 by Bernstein. BNP Paribas downgraded the shares of BARC in report on Thursday, September 10 to “Underperform” rating. On Wednesday, September 27 the stock rating was maintained by Citigroup with “Sell”. The stock of Barclays PLC (LON:BARC) has “Neutral” rating given on Tuesday, September 8 by Mediobanca. The rating was maintained by Societe Generale with “Buy” on Monday, February 22. The firm has “Outperform” rating given on Monday, August 8 by BNP Paribas. Below is a list of Barclays PLC (LON:BARC) latest ratings and price target changes.

10/01/2018 Broker: Morgan Stanley Rating: Equal Weight Old Target: GBX 230.00 New Target: GBX 215.00 Downgrade
07/12/2017 Broker: Jefferies Rating: Hold Old Target: GBX 216.00 New Target: GBX 205.00 Maintain
06/12/2017 Broker: Citigroup Rating: Sell Maintain
29/11/2017 Broker: Citigroup Rating: Sell Maintain
29/11/2017 Broker: Berenberg Rating: Hold New Target: GBX 200.00 Maintain
28/11/2017 Broker: UBS Rating: Buy Maintain
29/11/2017 Broker: HSBC Rating: Buy Old Target: GBX 240.00 New Target: GBX 240.00 Maintain
29/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 230.00 New Target: GBX 230.00 Maintain
28/11/2017 Broker: Shore Capital Rating: Buy Maintain
27/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 230.00 New Target: GBX 230.00 Maintain

The stock decreased 0.82% or GBX 1.6 during the last trading session, reaching GBX 194.5. About 51.99 million shares traded or 3.94% up from the average. Barclays PLC (LON:BARC) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Barclays PLC, through its subsidiaries, provides various financial services and products worldwide. The company has market cap of 33.17 billion GBP. It offers personal and business banking services, credit cards, transactional and other lending products, and investment services and products. It currently has negative earnings. The firm also provides financial advice, primary capital raising and capital markets execution, risk and liquidity management, sales and trading, consumer payments, and wealth management services.

More notable recent Barclays PLC (LON:BARC) news were published by: Bloomberg.com which released: “Fired Barclays Trader Sues to Win Back Job Lost in FX Probe” on January 09, 2018, also Businesswire.com with their article: “Form 8.3 – LADBROKES CORAL GROUP PLC” published on January 12, 2018, Bloomberg.com published: “Barclays Takes $1.3 Billion One-Time Hit From US Tax Bill” on December 27, 2017. More interesting news about Barclays PLC (LON:BARC) were released by: Businesswire.com and their article: “FORM 8.3 – SIBANYE GOLD LIMITED (TRADING AS SIBANYE-STILLWATER)” published on December 15, 2017 as well as Bloomberg.com‘s news article titled: “Barclays in Talks With SFO on Qatar-Probe Deal” with publication date: December 18, 2017.

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