Barclays (LON:BARC) Price Target Raised to GBX 570

Barclays (LON:BARC) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 480 to GBX 570 in a research note issued to investors on Friday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the financial services provider’s stock.

Other research analysts have also recently issued reports about the stock. Jefferies Financial Group increased their target price on shares of Barclays from GBX 455 to GBX 470 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Royal Bank Of Canada boosted their price objective on Barclays from GBX 435 to GBX 500 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Shore Capital reissued a “buy” rating on shares of Barclays in a report on Wednesday, October 22nd. Citigroup boosted their price target on Barclays from GBX 440 to GBX 475 and gave the stock a “neutral” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised their target price on Barclays from GBX 500 to GBX 570 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Barclays currently has an average rating of “Moderate Buy” and an average target price of GBX 499.17.

Barclays Stock Performance

Shares of BARC opened at GBX 483.38 on Friday. Barclays has a fifty-two week low of GBX 223.75 and a fifty-two week high of GBX 492.95. The company’s fifty day moving average is GBX 455.22 and its 200 day moving average is GBX 404.20. The stock has a market capitalization of £66.93 billion, a PE ratio of 11.91, a P/E/G ratio of 1.15 and a beta of 1.36.

Barclays (LON:BARC) last released its quarterly earnings results on Tuesday, December 16th. The financial services provider reported GBX 24.70 EPS for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. As a group, research analysts forecast that Barclays will post 39.1062802 earnings per share for the current year.

Trending Headlines about Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Analyst upgrade: Deutsche Bank raised its price target sharply to GBX 570 and put a “buy” rating on Barclays — a strong vote of confidence that can support the share price if investors follow the call. Read More.
• Positive Sentiment: Share buy‑back activity: Barclays continued its ongoing buy‑back and cancelled roughly 2.47 million ordinary shares, reducing share count and supporting EPS — a direct capital‑allocation positive for shareholders. Read More.
• Positive Sentiment: Investment‑banking pipeline: Financial Times reports (via Cointelegraph) say Ledger is courting bankers including Barclays for a potential US IPO (~$4bn valuation). Winning IPO mandates would boost fees and reinforce Barclays’ ECM/IB franchise. Read More.
• Neutral Sentiment: Mixed broker view: Citi lifted its target to GBX 475 but kept a “neutral” rating — a modest positive to targets but not a conviction buy signal. Read More.
• Neutral Sentiment: Analyst / research mentions: Barclays’ own research was featured (Top US software picks) and third‑party writeups (Seeking Alpha questioning valuation after a rally). These publications raise visibility but are indirect to Barclays’ fundamentals. Read More. — Read More.
• Neutral Sentiment: Macro/markets commentary: Barclays economists/currency strategists are quoted on issues like the Indian rupee — useful for client franchise and markets desks but not an immediate earnings driver. Read More.
• Negative Sentiment: Customer announcement headlines: Some outlets ran vague alerts about an “intense” announcement affecting millions of customers — unclear details create short‑term reputational risk and could spook retail sentiment until clarified. Read More.

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.