Press coverage about Barclays (NYSE:BCS) has been trending neutral this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Barclays earned a daily sentiment score of 0.27 on their scale. InfoTrie also assigned headlines about the financial services provider an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Barclays’ ranking:
Shares of BCS stock opened at $7.73 on Friday. The firm has a market capitalization of $33.66 billion, a price-to-earnings ratio of 9.31, a price-to-earnings-growth ratio of 0.36 and a beta of 0.67. Barclays has a fifty-two week low of $7.69 and a fifty-two week high of $12.55. The company has a debt-to-equity ratio of 4.99, a quick ratio of 1.50 and a current ratio of 1.52.
Barclays (NYSE:BCS) last issued its earnings results on Wednesday, October 24th. The financial services provider reported $0.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.11. The firm had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.76 billion. Barclays had a return on equity of 6.30% and a net margin of 1.94%. On average, analysts forecast that Barclays will post 1.09 earnings per share for the current year.
A number of brokerages have weighed in on BCS. Zacks Investment Research raised Barclays from a “hold” rating to a “strong-buy” rating and set a $11.00 target price on the stock in a report on Monday, November 12th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Barclays in a report on Friday, November 9th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Barclays in a report on Tuesday, September 4th. ValuEngine raised Barclays from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 30th. Finally, Berenberg Bank raised Barclays from a “hold” rating to a “buy” rating in a report on Monday, October 1st. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $11.00.
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Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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