Is Wall Street High Or Low On Barclays PLC (BCS)?


Barclays PLC (NYSE:BCS) finished Thursday with a subtraction of $0.0 to close at $7.53, a downside of 0.00 percent. An average of 7,236,080 shares of common stock have been traded in the last five days. There was a fall of -$0.49 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 6,700,335 shares traded, while the 50-day average volume stands at 6,521,464.

BCS stock has decreased by -4.20% in the last month. The company shares reached their 1-month lowest point of $7.50 on 09/22/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $6.88 and a high of $12.20 in 52 weeks. It has reached a new high 9 times so far this year and lost -27.25% or -$2.82 in price. In spite of this, the price is down -38.28% from the 52-week high.

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Valuation Metrics

Barclays PLC (BCS) has a trailing price-to-earnings (P/E) ratio of 5.60. The stock’s beta is 1.28. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.29, the price-to-book (PB) ratio at 0.39.

The company’s most recent quarterly dividend payment was $0.2094 a share, representing a down of -3.68% from $0.2174 last year. Its latest decrease dividend $0.0080 reported on Friday July 29 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 1.84 and a total debt to equity ratio of 1.84 for the recent quarter. Its gross profit as reported stood at $30.17 billion compared to revenue of $30.17 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Barclays PLC (BCS) price momentum. RSI 9-day as of the close on 22 September was 34.54%, suggesting the stock is Neutral, with historical volatility in this time frame at 31.84%.

As of today, BCS’s price is $7.75 -6.11% or -$0.49 from its 5-day moving average. BCS is currently trading -3.59% lower than its 20-day SMA and +1.07% higher than its 100-day SMA. However, the stock’s current price level is +4.15% above the SMA50 and -24.70% below the SMA200.

The stochastic %K and %D were 14.67% and 30.95%, respectively, and the average true range (ATR) was 0.22. With the 14-day stochastic at 3.53% and the average true range at 0.22, the RSI (14) stands at 39.98%. The stock has reached -0.25 on the 9-day MACD Oscillator while the 14-day reading was at -0.23.

Analyst Ratings

Citigroup upgraded Barclays PLC (NYSE: BCS) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Barclays PLC (BCS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BCS, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 others rate it as a “buy”.

What is BCS’s price target for the next 12 months?

Analysts predict a range of price targets between $8.25 and $16.41, with a median target of $10.73. Taking a look at these predictions, the average price target given by analysts for Barclays PLC (BCS) stock is $10.95.


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