Barclays plc ADR (NYSE:BCS) shares traded -0.51% lower at $7.79 on Wall Street last session.
In accordance with the data, 18 analysts cover Barclays plc ADR (NYSE:BCS). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $16.45 and a low of $8.74, we find $10.80. Given the previous closing price of $7.83, this indicates a potential upside of 37.93 percent. BCS stock price is now 1.12% away from the 50-day moving average and -1.54% away from the 200-day moving average. The market capitalization of the company currently stands at $29.84B.
It has been rated a hold by 7 analysts and a buy by 10. Brokers who have rated the stock have averaged $11.17 as their price target over the next twelve months.
A total of 5.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BCS stock. A new stake in Barclays plc ADR shares was purchased by DEUTSCHE BANK AG during the first quarter worth $4,066,000. QUBE RESEARCH & TECHNOLOGIES LTD invested $4,059,000 in shares of BCS during the first quarter. In the first quarter, RENAISSANCE TECHNOLOGIES LLC acquired a new stake in Barclays plc ADR valued at approximately $2,334,000. BALYASNY ASSET MANAGEMENT L.P. acquired a new stake in BCS for approximately $1,826,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP purchased a new stake in BCS valued at around $1,540,000 in the second quarter. In total, there are 329 active investors with 3.54% ownership of the company’s stock.
Barclays plc ADR (NYSE: BCS) opened at $7.84 on Friday. During the past 12 months, Barclays plc ADR has had a low of $5.89 and a high of $9.44. The fifty day moving average price for BCS is $7.69 and a two-hundred day moving average price translates $7.91 for the stock.
The latest earnings results from Barclays plc ADR (NYSE: BCS) was released for Jun, 2023. The net profit margin was 22.28% and return on equity was 9.88% for BCS. The company reported revenue of $7.87 billion for the quarter, compared to $8.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.72 percent.
Moreover, the firm recently paid out its quarterly dividend on 09/15/2023. Investors who held shares on 08/11/2023 were paid a $0.1397736 dividend. On an annualized basis, this represents a $0.44 dividend and a 5.59% percent yield. There was an ex-dividend date of 08/10/2023 for this dividend. In terms of dividend payout ratio, BCS is presently at 22.53%.
Barclays plc ADR(BCS) Company Profile
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through two segments, Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.
