Barclays PLC (NYSE:BCS) Rating Increased
In an analyst note revealed to clients and investors today, Berenberg raised shares of Barclays Plc (NYSE:BCS) to Hold rating from Sell rating.
The rating upgrade is well-received by equity trades, as NYSE:BCS is at the moment trading 1.43% higher at $10.29 as of 2:06 AM New York time. Barclays PLC shares have [From2] 0% in the last 200 days, while the Standard & Poor’s 500 index has increased 6.00% for the same time.
Barclays PLC (NYSE:BCS) Profile
Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International.
Barclays PLC (NYSE:BCS) traded up 1.43% on 20 October, hitting $10.29. A total of 532,761 shares of the company’s stock traded hands. This is down from average of 2.20M shares. Barclays PLC has a 52 week low of $8.77 and a 52 week high of $12.05. The company has a market cap of $43.84B and a P/E ratio of 18.94.
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The post Barclays PLC (NYSE:BCS) was Increased by Analysts at Berenberg from a Sell Rating to Hold One appeared first on Octafinance.