NEW YORK (TheStreet) -- Barclays PLC(BCS) - Get Report was upgraded to "buy" from "hold" at Canaccord Genuity (CCORF) on Monday morning.

The firm said it raised its rating on the global provider of financial services based on a valuation call and the company's recently announced restructuring plans.

Shares of Barclays are lower by -0.25% to $15.98 in pre-market trading today.

Must Read: Warren Buffett's 25 Favorite Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Image placeholder title

BCS

data by

YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.