Barclays (LON:BARC) Price Target Raised to GBX 590

Key Points

• Jefferies raised its price target on Barclays to GBX 590 (from GBX 570) and kept a "buy" rating, implying roughly a 32.7% upside from the prior close.
• Other brokers (Deutsche Bank, JPMorgan, RBC, Shore Capital) have also nudged up targets/ratings; MarketBeat shows a consensus of Moderate Buy with a consensus target of GBX 527.50 (five Buy, one Hold).
• Shares opened at GBX 444.75 (up about 6%), with a market cap of £60.95bn and a P/E of 10.25, and management's "firm momentum" commentary plus continued buybacks (≈218 million shares canceled) are cited as near‑term support for the stock.

Barclays (LON:BARC - Get Free Report) had its target price boosted by Jefferies Financial Group from GBX 570 to GBX 590 in a research note issued to investors on Wednesday,London Stock Exchange reports. The brokerage presently has a "buy" rating on the financial services provider's stock. Jefferies Financial Group's price target suggests a potential upside of 32.66% from the company's previous close.

Other analysts have also issued research reports about the stock. Shore Capital Group reiterated a "buy" rating on shares of Barclays in a research note on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Barclays from GBX 480 to GBX 570 and gave the company a "buy" rating in a research report on Friday, January 23rd. Citigroup increased their price target on Barclays from GBX 425 to GBX 450 and gave the stock a "neutral" rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. lifted their price objective on Barclays from GBX 500 to GBX 570 and gave the company an "overweight" rating in a research note on Tuesday, January 20th. Finally, Royal Bank Of Canada raised Barclays to an "outperform" rating and boosted their price objective for the company from GBX 550 to GBX 575 in a report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 527.50.

Barclays Stock Up 6.0%

Shares of LON:BARC opened at GBX 444.75 on Wednesday. Barclays has a 52-week low of GBX 293.80 and a 52-week high of GBX 507.45. The stock has a market cap of £60.95 billion, a price-to-earnings ratio of 10.25, a PEG ratio of 1.15 and a beta of 0.90. The business has a 50-day moving average price of GBX 418.89 and a 200-day moving average price of GBX 437.14.

Barclays (LON:BARC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported GBX 14.10 earnings per share for the quarter. Barclays had a net margin of 17.81% and a return on equity of 9.46%. The company had revenue of GBX 816.30 billion for the quarter. As a group, equities analysts anticipate that Barclays will post 39.1062802 EPS for the current fiscal year.

Insider Activity at Barclays

In other news, insider Marc Moses acquired 1,703 shares of the business's stock in a transaction on Wednesday, February 11th. The stock was bought at an average price of GBX 481 per share, with a total value of £8,191.43. Also, insider Brian Gilvary acquired 2,794 shares of the firm's stock in a transaction on Wednesday, February 11th. The stock was purchased at an average price of GBX 481 per share, with a total value of £13,439.14. Insiders have acquired 27,452 shares of company stock valued at $13,204,412 in the last quarter. 0.27% of the stock is currently owned by insiders.

Trending Headlines about Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Management signaled confidence on the Q1 2026 earnings call — commentary described “firm momentum,” which investors are interpreting as operational progress and support for earnings guidance. Barclays Q1 2026 Earnings Call Signals Firm Momentum
• Positive Sentiment: Share buy-back update — Barclays has continued its buy‑back programme and cancelled further shares after repurchasing ~218 million shares. Continued buybacks reduce share count and boost EPS, a clear near‑term support for the stock. Barclays Cancels Further Shares as Buy-Back Reaches 218 Million
• Positive Sentiment: Macro/research stance: Barclays joins brokers calling for no Fed rate cuts in 2026 — a view that, if realized, supports a higher-for-longer rate backdrop which typically benefits bank net interest margins. Markets may be re‑rating UK/European banks on that dynamic. Barclays Becomes Latest Brokerage to Bet on No Fed Rate Cuts in 2026
• Neutral Sentiment: Barclays research remains active and visible — analysts at Barclays raised coverage/price targets on big names (Eli Lilly, ServiceNow). Good for the firm’s research franchise and fee visibility, but indirect for core bank earnings. Barclays Hikes Eli Lilly Price Target to $1,400 ServiceNow: Barclays Raises Price Target
• Neutral Sentiment: Product update: Barclays refreshed perks on the JetBlue Premier card without raising the fee — positive for customer retention and card revenue over time, but a smaller, incremental driver versus buybacks and rates. JetBlue Premier Card from Barclays adds 5 perks

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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