Analytic Report on Barclays PLC (ADR) (NYSE:BCS)

[Mood’s] Barclays PLC (ADR) (NYSE:BCS)(TREND ANALYSIS) Moodys has upgraded the long term ratings of the debts listed below to A1 from A2.


Each of these debts is supported by a letter of credit provided by Barclays Bank PLC (the Bank). The ratings are based on the structure and legal protections of each transaction, which provide for timely payment of amounts due bondholders, and on Moody’s long-term counterparty risk assessment of the Bank, currently A1(cr). Each of these ratings was placed under review for upgrade on March 17, 2015. The actions announced herein conclude those reviews.

Moody’s is not taking any action on the short-term ratings of debts listed below. Moody’s short-term counterparty risk assessment of the Bank, currently P-1(cr), has replaced the senior unsecured rating of the Bank as an input to the short-term ratings of the debts listed below.

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Barclays PLC (ADR) (NYSE:BCS) is currently trading 2.99% below its 52-week-high, 24.57% above its 52-week-low. The 1-year range for the stock is $13.27 – $17.04. Barclays PLC (ADR) (BCS) has a price to book ratio of 0.81 versus Financial sector average of 2.83. BCS stock price has outperformed the S&P 500 by 8.7%. The Diversified Banking Services company is currently valued at $77.66 billion and its share price closed the last trading session at $16.53. The stock has a 50-day moving average of $15.96 and a 200-day moving average of $15.26.

Barclays PLC (ADR) (BCS) current short interest stands at 3.71 million shares. It has decreased by 13% from the same period of last month. Around 1% of the company’s shares, which are float, are short sold. With a 10-days average volume of 2.7 million shares, the number of days required to cover the short positions stand at 1.4 days.

BCS reported last quarter earnings on April 29. The Diversified Banking Services company announced earnings per share of $0.41. This corresponds to a decrease of $0.49 compared to the same quarter of the previous fiscal year.

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There are currently twenty-six analysts that cover BCS stock. Of those twenty-six, eighteen have a Buy rating, seven have a Hold rating and one has a Sell rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $294.

A recent analyst activity consisted of Berenberg downgrading their Hold rating to Sell on May 1. On the date of report, the stock closed at $15.57.

From an income perspective, Barclays PLC (ADR) (BCS) has a dividend yield of 1.5%. The dividend has remained flat over the last 5 years.

Company profile

Barclays PLC is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.

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