Barclays PLC (NYSE: BCS) is 7.26% higher on its value in year-to-date trading and has touched a low of $3.41 and a high of $9.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BCS stock was last observed hovering at around $8.55 in the last trading session, with the day’s gains setting it 0.02% off its average median price target of $10.04 for the next 12 months. It is also 32.31% off the consensus price target high of $12.66 offered by 20 analysts, but current levels are -9.73% lower than the price target low of $7.81 for the same period.
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Currently trading at $8.57, the stock is 8.39% and 8.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.39 million and changing 0.23% at the moment leaves the stock 35.62% off its SMA200. BCS registered -7.55% loss for a year compared to 6-month gain of 52.49%. The firm has a 50-day simple moving average (SMA 50) of $7.99 and a 200-day simple moving average (SMA200) of $6.64.
The stock witnessed a 8.48% loss in the last 1 month and extending the period to 3 months gives it a 16.60%, and is 6.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 1.85% over the month.
Current P/E ratio is 17.74. Distance from 52-week low is 151.32% and -9.12% from its 52-week high. The company has generated returns on investments over the last 12 months (2.20%).
Barclays PLC (BCS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Barclays PLC (BCS) is a “Overweight”. 20 analysts offering their recommendations for the stock have an average rating of 1.00, where 9 rate it as a Hold and 0 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Barclays PLC is expected to release its quarterly report on 04/30/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -38.60% this year.
Barclays PLC (BCS) Top Institutional Holders
237 institutions hold shares in Barclays PLC (BCS), with institutional investors hold 1.87% of the company’s shares. The shares outstanding are 4.33B, and float is at 4.32B with Short Float at 0.10%. Institutions hold 1.87% of the Float.
The top institutional shareholder in the company is Dimensional Fund Advisors LP with over 16.59 million shares valued at $83.12 million. The investor’s holdings represent 0.38% of the BCS Shares outstanding. As of Sep 29, 2020, the second largest holder is Parametric Portfolio Associates with 6.98 million shares valued at $34.98 million to account for 0.16% of the shares outstanding. The other top investors are Northern Trust Corporation which holds 5.02 million shares representing 0.12% and valued at over $25.13 million, while Jane Street Group, LLC holds 0.10% of the shares totaling 4.27 million with a market value of $21.41 million.
Barclays PLC (BCS): Who are the competitors?
The company’s main competitors (and peers) include Lloyds Banking Group plc (LYG) that is trading -25.09% down over the past 12 months. Deutsche Bank Aktiengesellschaft (DB) is 17.09% up on the 1-year trading charts. Short interest in the company’s stock has fallen -42.33% from the last report on Dec 30, 2020 to stand at a total of 6.22 million short shares sold with a short interest ratio of 1.06.