Trader’s Buzzers: Barclays PLC (NYSE:BCS)


Barclays PLC (NYSE:BCS) added 2.22% and closed its last session at $10.61. The stock has the market capitalization of $45.04 Billion with the total outstanding shares of 4.24 Billion. Barclays PLC. has Analysts’ Mean Recommendation of 2.8 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 10.94.

Barclays PLC (NYSE:BCS) touched its 52-Week High of $14.13 on Dec 3, 2015 while it’s 52-Week Low of $6.76 on Jun 27, 2016. The company currently has Return on Assets of 0 percent, Return on Equity of 0% and Return on Investment of 6 percent. The stock currently showing Weekly Volatility of 1.36%% and Monthly Volatility of 1.74% Percent with Average True Range of 0.23 and Beta of 1.3.

The 19 analysts offering 12-month price forecasts for Barclays have a median target of 9.96, with a high estimate of 11.73 and a low estimate of 5.37. The median estimate represents a -6.11% decrease from the last price of 10.61.

Press Release:

The Company on 17 November declared that effective after the close of trading November 18, 2016 it will suspend, until further notice, any further sales from inventory and any further issuances of iPath® S&P GSCI® Crude Oil Total Return Index ETNs (“ETNs”). The notes trade on the NYSE Arca stock exchange under the ticker symbol “OIL”. The Index underlying the ETNs is the S&P GSCI® Crude Oil Total Return Index (the “Index”), with Bloomberg ticker SPGSCLTR.

In addition, Barclays will waive the minimum early redemption size of 50,000 ETNs with respect to the valuation date occurring on each Wednesday (or, if such calendar day is not a trading day, the trading day immediately thereafter). The minimum early redemption size for any other day of the month will remain at 50,000 ETNs. This change will be effective after the close of trading on November 18, 2016 and will be effective for the next three years ending on and including November 20, 2019 unless extended by Barclays at its sole discretion.

Company Profile:

Barclays PLC operates in commercial and investment banking, insurance, financial and other related services.  Barclays subsidiary, Barclays Bank PLC maintains 2500 branches in the United Kingdom and 1000 branches in over 75 other countries.