The stocks of BCS have been reduced to a rating of “hold” by stock analysts who have published a report on Tuesday. Accordingly, the price target set on the company has been $11, which indicates an increase of 6.18% on the current price of the company.
The Stock Commentary Of BCS
There have been quite a few research equities that have commented on the stocks of BCS. Investec has already increased the rating of the company from hold to buy in a 4th March research report. The Goldman Sachs Group has also increased the rating of the company from neutral to buy in an 18th March research report.
Morgan Stanley has also reiterated its earlier rating of equal weight in a 6th April research report. In the end, the Bank of Canada also put up a rating of “sector perform” in a 23rd February research report.
One of the investment analysts gave the company a rating of sell, while five others gave it a rating of hold. Around seven others provided the company with a rating of buy. Currently, BCS has a hold rating with an $11 price target.
The stocks of BCS traded on Tuesday at $10.36. The current ratio of the company is 1.50, with a 1.52 quick ratio. The debt-to-equity ratio of the company stands at 5.33. The year low of the company is $4.60, with a year high of $10.70. The moving average price of the company over a period of 50 days is $10.20, with the moving average price of the company over a period of 200 days set at $8.60. The market cap of the company has been set at $44.97 billion.