Barclays (LON:BARC – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research report issued to clients and investors on Friday, Marketbeat.com reports. They currently have a GBX 620 price target on the financial services provider’s stock. Berenberg Bank‘s price objective points to a potential upside of 50.83% from the company’s current price.
BARC has been the topic of a number of other reports. Citigroup cut their price target on shares of Barclays from GBX 510 to GBX 500 and set a “neutral” rating on the stock in a report on Wednesday, September 23rd. Jefferies Financial Group boosted their target price on shares of Barclays from GBX 590 to GBX 600 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. JPMorgan Chase & Co. increased their target price on shares of Barclays from GBX 610 to GBX 620 and gave the company an “overweight” rating in a research report on Tuesday, September 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 550 price target on shares of Barclays in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 570 price objective on shares of Barclays in a research note on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 576.67.
Check Out Our Latest Analysis on BARC
Barclays Trading Up 0.4%
Barclays (LON:BARC – Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The financial services provider reported GBX 12.30 earnings per share for the quarter. Barclays had a return on equity of 10.11% and a net margin of 25.61%. Analysts forecast that Barclays will post 39.11 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Nigel Higgins purchased 7,604 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was purchased at an average cost of GBX 497 per share, with a total value of £37,791.88. Also, insider Anna Cross sold 461,588 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 521, for a total transaction of £2,404,873.48. Insiders bought 27,498 shares of company stock valued at $13,666,506 in the last 90 days. Corporate insiders own 0.34% of the company’s stock.
Key Headlines Impacting Barclays
Here are the key news stories impacting Barclays this week:
- Positive Sentiment: Additional £500 million buyback: Barclays announced a new £500 million share-repurchase program following its 2026 capital-return plan. The buyback should support earnings per share and signals management confidence in the bank’s capital position. Barclays Announces Additional £500m Share Buy-back
- Positive Sentiment: Profit growth: Third-quarter pretax profit rose 12% year over year to approximately £2.3 billion, broadly meeting expectations. Strong equities trading and disciplined costs offset weaker fixed-income revenue. Barclays Q3 Profit Rises 12%
- Positive Sentiment: Analyst support: Deutsche Bank and Berenberg reaffirmed “Buy” ratings, with price targets of GBX 570 and GBX 620, respectively—well above the recent trading level. Deutsche Bank Barclays Rating
- Neutral Sentiment: AI-driven restructuring: Barclays plans to eliminate about 5,000 positions, or roughly 5% of its workforce, as it automates back-office and other functions. The move could reduce expenses and improve productivity, but may create execution, morale and restructuring-cost risks. Barclays Plans 5,000 Job Cuts
- Negative Sentiment: Mixed earnings details: Bank of America maintained a Hold rating and reduced its price target to GBX 580, citing an earnings miss and softer investment-banking revenue. Fixed-income weakness and uncertainty over UK bank taxation remain additional concerns. Barclays Price Target Cut
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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