Extremely significant positive changes in Barclays PLC (NYSE: BCS) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BCS is expected to continue to be a Value Builder.
Barclays has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Barclays has a good Power Rating of 80 and a very high Appreciation Score of 99, triggering the Highest Value Trend Rating.
Recent Price Action
Barclays PLC (NYSE: BCS) stock closed at $10.42 on 4/26/24 after a modest gain of 0.6%. NORMAL trading volume accompanied the advance. The stock has risen 12.8% during the last week and has been strong relative to the market over the last nine months.
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