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Things appear to be looking up for Barclays PLC (BCS)

Barclays PLC (NYSE: BCS) is 14.62% higher on its value in year-to-date trading and has touched a low of $5.89 and a high of $11.62 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 $9.08 in the last trading session, with the day’s loss setting it -0.14% off its average median price target of $10.55 for the next 12 months. It is also 41.61% off the consensus price target high of $15.31 offered by 20 analysts, but current levels are -20.32% lower than the price target low of $7.43 for the same period.

Currently trading at $8.94, the stock is 6.42% and 12.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.89 million and changing -1.54% at the moment leaves the stock 16.33% off its SMA200. BCS registered -17.68% loss for a year compared to 6-month loss of 13.60%.

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The stock witnessed a 14.91% gain in the last 1 month and extending the period to 3 months gives it a 34.23%, and is -0.78% down 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 1.22% over the week and 1.37% over the month.

Barclays PLC (BCS) has around 81600 employees, a market worth around $34.68B and $23.62B in sales. Current P/E ratio is 5.89. Distance from 52-week low is 51.91% and -23.10% from its 52-week high. The company has generated returns on investments over the last 12 months (2.60%).

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 3.00, where 9 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

The EPS is expected to grow by 323.70% this year.

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The shares outstanding are 4.04B, and float is at 3.93B with Short Float at 0.22%.

Barclays PLC (BCS): Who are the competitors?

The company’s main competitors (and peers) include Lloyds Banking Group plc (LYG) that is trading -10.58% down over the past 12 months and Banco Santander S.A. (SAN) that is -3.76% lower over the same period. Deutsche Bank Aktiengesellschaft (DB) is 1.72% up on the 1-year trading charts.

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