The stock of Barclays plc ADR (NYSE:BCS) last traded at $6.91, up 2.98% from the previous session.
Data from the available sources indicates that Barclays plc ADR (NYSE:BCS) is covered by 17 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $14.86 and a low of $6.58, we find $9.73. Given the previous closing price of $6.71, this indicates a potential upside of 45.01 percent. BCS stock price is now -5.25% away from the 50-day moving average and -10.33% away from the 200-day moving average. The market capitalization of the company currently stands at $26.02B.
In total, 5 analysts have assigned it a hold rating, and 10 have given it a buy rating. Brokers who have rated the stock have averaged $10.10 as their price target over the next twelve months.
With the price target reduced from $8.77 to $7.31, BofA Securities Downgraded its rating from Neutral to Underperform for Barclays plc ADR (NYSE: BCS).
A total of 5.25% of the company’s stock is owned by insiders.
With an opening price of $6.84 on Tuesday morning, Barclays plc ADR (NYSE: BCS) set off the trading day. During the past 12 months, Barclays plc ADR has had a low of $6.23 and a high of $9.44. The fifty day moving average price for BCS is $7.29 and a two-hundred day moving average price translates $7.71 for the stock.
The latest earnings results from Barclays plc ADR (NYSE: BCS) was released for Sep, 2023. The net profit margin was 21.20% and return on equity was 10.33% for BCS. The company reported revenue of $7.92 billion for the quarter, compared to $7.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.02 percent.
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.