With over 27.69 million Barclays plc ADR (BCS) shares trading Friday and a closing price of $7.52 on the day, the dollar volume was approximately $208.23 million. Currently, there are 3.96B common shares owned by the public and among those 3.59B shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 17 analysts who have offered their price forecasts for BCS have a consensus price objective of $2.06. The analysts have set the share’s price value over the next 12 months at a high of $2.90 and a low of $1.41. The average price target is 27.48% above its recent price level and a downside to the estimated low will see the stock lose -433.33% over that period. But a downside of -159.31% will see the stock hit the forecast high price target while median target price for the stock is $2.00.
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Shares of Barclays plc ADR (NYSE: BCS) opened at $7.65, up $0.13 from a prior closing price of $7.52. The company’s stock has a 5-day price change of -6.35% and 1.21% over the past three months. BCS shares are trading -4.57% year to date (YTD), with the 12-month market performance down to -12.25% lower. It has a 12-month low price of $6.23 and touched a high of $9.44 over the same period. BCS has an average intraday trading volume of 14.90 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.60%, 2.91%, and -0.64% respectively.
Institutional ownership of Barclays plc ADR (NYSE: BCS) shares accounts for 3.61% of the company’s 3.96B shares outstanding.
It has a market capitalization of $28.46B and a beta (3y monthly) value of 1.46. The company has a debt-to-equity ratio at 3.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.05% over the week and 1.90% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Earnings per share for the fiscal year are expected to increase by 0.80%, and 4.95% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 17 brokerage firm advisors rate Barclays plc ADR (BCS) as a “Strong Buy” at a consensus score of 1.94. Specifically, 10 Wall Street analysts polled rate the stock as a buy, while 5 of the 17 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the BCS, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on October 26, 2023, with the firm’s price target at $8.77-$7.31.