Barclays PLC (NYSE:BCS) – Equities research analysts at Jefferies Group lowered their FY2017 earnings per share (EPS) estimates for shares of Barclays PLC in a research note issued to investors on Monday. Jefferies Group analyst J. Dickerson now expects that the financial services provider will earn $0.41 per share for the year, down from their previous forecast of $1.17. Jefferies Group also issued estimates for Barclays PLC’s FY2018 earnings at $1.16 EPS and FY2019 earnings at $1.23 EPS.

BCS has been the subject of several other reports. Zacks Investment Research raised Barclays PLC from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 29th. Morgan Stanley raised Barclays PLC from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $11.36 to $11.50 in a research note on Friday, March 17th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Barclays PLC in a research note on Tuesday, March 14th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Barclays PLC in a research note on Saturday, May 20th. Finally, ValuEngine downgraded Barclays PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Nine equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $31.07.

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Shares of Barclays PLC (NYSE:BCS) opened at 10.40 on Thursday. Barclays PLC has a 12-month low of $6.76 and a 12-month high of $12.05. The stock has a market cap of $44.00 billion, a price-to-earnings ratio of 22.81 and a beta of 0.86. The company’s 50-day moving average price is $10.77 and its 200 day moving average price is $11.12.

A number of institutional investors have recently bought and sold shares of the company. Raymond James Trust N.A. boosted its position in Barclays PLC by 2.6% in the first quarter. Raymond James Trust N.A. now owns 20,202 shares of the financial services provider’s stock valued at $227,000 after buying an additional 511 shares during the last quarter. Cornerstone Investment Partners LLC boosted its position in Barclays PLC by 19.8% in the first quarter. Cornerstone Investment Partners LLC now owns 12,833 shares of the financial services provider’s stock valued at $144,000 after buying an additional 2,120 shares in the last quarter. Atlas Brown Inc. bought a new position in Barclays PLC during the first quarter valued at approximately $112,000. Wsfs Capital Management LLC bought a new position in Barclays PLC during the fourth quarter valued at approximately $120,000. Finally, Two Sigma Investments LP bought a new position in Barclays PLC during the fourth quarter valued at approximately $151,000. Hedge funds and other institutional investors own 2.48% of the company’s stock.

About Barclays PLC

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