Barclays (LON:BARC – Get Free Report)‘s stock had its “buy” rating restated 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 points to a potential upside of 36.27% from the company’s current price.
BARC has been the subject of a number of other research reports. Jefferies Financial Group increased their price objective on Barclays from GBX 590 to GBX 600 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. 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 decreased their target price on Barclays from GBX 510 to GBX 500 and set a “neutral” rating on the stock in a report on Wednesday, September 23rd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 620 target price on shares of Barclays in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 550 target price on shares of Barclays in a report on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Barclays presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 576.67.
Read Our Latest Stock Analysis on Barclays
Barclays Stock Performance
Shares of LON:BARC opened at GBX 418.30 on Friday. The stock has a market capitalization of £55.85 billion, a price-to-earnings ratio of 8.66, a PEG ratio of 1.15 and a beta of 0.91. Barclays has a 1-year low of GBX 361.35 and a 1-year high of GBX 538.30. The company has a 50 day moving average price of GBX 466.64 and a 200 day moving average price of GBX 464.26.
Barclays (LON:BARC – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The financial services provider reported GBX 12.30 earnings per share (EPS) for the quarter. Barclays had a net margin of 26.02% and a return on equity of 10.79%. On average, sell-side analysts expect that Barclays will post 39.11 EPS for the current fiscal year.
Insider Activity at Barclays
In other Barclays news, insider Anna Cross sold 461,588 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 521, for a total value of £2,404,873.48. 0.34% of the stock is currently owned by insiders.
Barclays News Roundup
Here are the key news stories impacting Barclays this week:
- Positive Sentiment: Analyst support strengthens the bull case. Jefferies reaffirmed its “buy” rating and set a GBX 600 price target, while Deutsche Bank and Berenberg also maintained buy ratings. The targets imply substantial upside from recent trading levels. Jefferies rating and price target Deutsche Bank buy rating Berenberg buy rating
- Positive Sentiment: Recent earnings commentary pointed to continued profitability. Barclays’ third-quarter earnings call was characterized as showing “profitable momentum,” supporting confidence in the bank’s operating performance and earnings outlook. Barclays earnings call summary
- Positive Sentiment: Automation initiatives could improve efficiency. Reports that Barclays plans to eliminate approximately 5,000 positions by the end of 2026 reflect an effort to reduce costs and increase automation. Successful execution could support margins, although restructuring costs may arise initially. Barclays job cuts report
- Neutral Sentiment: Barclays is expanding its artificial-intelligence leadership. The appointment of Anita Tanna as chief AI officer signals a focus on applying AI across the bank, but the financial benefits and implementation costs remain uncertain. Barclays appoints chief AI officer
- Negative Sentiment: Customer-service concerns remain a reputational risk. A report alleging that outdated or reused bank details contributed to payments being sent to the wrong recipient could renew scrutiny of Barclays’ controls, although it appears isolated and is not presented as a new financial-impact disclosure. Barclays customer complaint report
Barclays Company Profile
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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