Barclays (LON:BARC – Get Free Report)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, Digital Look reports. They presently have a GBX 570 price objective on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft‘s target price suggests a potential upside of 36.27% from the stock’s previous close.
Several other analysts also recently weighed in on BARC. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 550 price target on shares of Barclays in a research note on Wednesday, August 12th. Berenberg Bank restated a “buy” rating and issued a GBX 620 price objective on shares of Barclays in a research note on Friday. JPMorgan Chase & Co. lifted their target price on Barclays from GBX 610 to GBX 620 and gave the stock an “overweight” rating in a report on Tuesday, September 15th. Citigroup dropped their target price on Barclays from GBX 510 to GBX 500 and set a “neutral” rating on the stock in a research report on Wednesday, September 23rd. Finally, Jefferies Financial Group increased their price target on shares of Barclays from GBX 590 to GBX 600 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Barclays has a consensus rating of “Moderate Buy” and a consensus target price of GBX 576.67.
Get Our Latest Report on Barclays
Barclays Stock Up 1.8%
Shares of BARC traded up GBX 7.25 during trading hours on Friday, reaching GBX 418.30. 2,147,000,000 shares of the company traded hands, compared to its average volume of 57,806,520. The business has a fifty day moving average price of GBX 466.15 and a 200-day moving average price of GBX 472.53. Barclays has a 12-month low of GBX 361.35 and a 12-month high of GBX 538.30. The stock has a market capitalization of £55.85 billion, a P/E ratio of 8.66, a P/E/G ratio of 1.15 and a beta of 0.91.
Barclays (LON:BARC – Get Free Report) last issued its earnings results on Thursday, October 22nd. The financial services provider reported GBX 12.30 earnings per share (EPS) for the quarter. Barclays had a return on equity of 10.79% and a net margin of 26.02%. As a group, research analysts predict that Barclays will post 39.11 EPS for the current fiscal year.
Insider Buying and Selling at Barclays
In other news, insider Anna Cross sold 461,588 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of GBX 521, for a total value of £2,404,873.48. Also, insider Brian Gilvary bought 3,640 shares of the stock in a transaction dated Tuesday, July 28th. The stock was bought at an average price of GBX 497 per share, for a total transaction of £18,090.80. In the last three months, insiders have bought 27,498 shares of company stock worth $13,666,506. Insiders own 0.34% of the company’s stock.
Key Barclays News
Here are the key news stories impacting Barclays this week:
- Positive Sentiment: Analyst support strengthened. Jefferies reaffirmed its “buy” rating and set a GBX 600 price target, while Deutsche Bank and Berenberg also maintained bullish views. The targets imply substantial upside from recent trading levels. Jefferies Barclays rating report
- Positive Sentiment: Profitability momentum is supporting sentiment. Commentary from Barclays’ third-quarter earnings call highlighted continued profitable momentum, consistent with the bank’s reported positive earnings and double-digit return on equity. Investors appear encouraged that the lender is delivering earnings while maintaining a relatively low valuation. Barclays earnings call report
- Positive Sentiment: AI strategy is becoming more prominent. Barclays appointed Anita Tanna as chief AI officer, signaling an effort to improve efficiency and develop new technology-driven financial services. Barclays also sees artificial intelligence potentially increasing trading activity in the U.S. investment-grade bond market, which could benefit its markets business. Barclays appoints chief AI officer
- Neutral Sentiment: Barclays’ Tesla call is not a direct company catalyst. A Barclays analyst’s positive view that a potential SpaceX transaction could benefit Tesla may generate attention for the bank’s research franchise, but it has little immediate effect on Barclays’ earnings. Barclays Tesla analysis
- Negative Sentiment: Planned job cuts create execution and reputational risks. Barclays reportedly plans to eliminate about 5,000 positions by the end of 2026 as automation expands. While the cuts could reduce costs over time, investors may be concerned about restructuring expenses, employee disruption and service quality during the transition. Barclays layoffs report
About Barclays
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.
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