Barclays PLC (BARC.L) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts remain broadly positive: Barclays has a “Moderate Buy” consensus from seven analysts, with six buy ratings and one hold. The average 12-month price target is GBX 576.67, above the reported GBX 419.40 share price.
• Capital management supports the outlook: Barclays reported October share buybacks and redeemed $1.75 billion of notes, actions that could reduce its share count and future interest costs.
• Recent performance and risks are mixed: Barclays reported quarterly EPS of GBX 12.30, while an insider sold 461,588 shares at GBX 521. The bank also faces a modest reputational and compliance overhang from a customer-data warning.

Shares of Barclays PLC (LON:BARC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 576.67.

Several research analysts have recently weighed in on the stock. Berenberg Bank reissued a "buy" rating and set a GBX 620 price objective on shares of Barclays in a report on Friday, October 23rd. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 550 price objective on shares of Barclays in a research note on Wednesday, August 12th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 600 target price on shares of Barclays in a research report on Monday, October 26th. JPMorgan Chase & Co. boosted their price target on Barclays from GBX 610 to GBX 620 and gave the company an "overweight" rating in a report on Tuesday, September 15th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 570 price target on shares of Barclays in a research report on Friday, October 23rd.

Key Stories Impacting Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Share buybacks and lower voting rights: Barclays reported October share repurchases and a reduction in voting rights, indicating ongoing capital returns and potentially supporting per-share value by reducing the share count. Barclays Reports October Share Buybacks and Reduced Voting Rights
• Positive Sentiment: $1.75 billion notes redemption: Barclays announced the redemption of $1.75 billion in notes. The move may reduce future interest expense and reflects active balance-sheet and funding management, though the near-term earnings benefit is likely modest. Barclays Announces Redemption of $1.75 Billion Notes
• Neutral Sentiment: Investment and disclosure activity: Barclays reported an indirect 8.77% stake in Qiagen and previously disclosed a substantial increase in its Entergy position. These filings may reflect client, trading or investment-book activity, but they do not materially change Barclays’ core banking outlook. Barclays Reports 8.77% Indirect Stake in Qiagen
• Neutral Sentiment: Research franchise activity: Barclays downgraded PayPal to underweight and upgraded Tesla to overweight. These calls could influence trading and advisory activity, but they have no immediate, direct effect on Barclays’ financial results. Barclays downgrades PayPal Holdings to underweight from equal-weight
• Negative Sentiment: Customer-data warning: A warning involving NatWest, Barclays and Lloyds customers about personal details creates a modest reputational and compliance overhang, although the report does not indicate a specific financial loss or confirmed Barclays breach. NatWest, Barclays and Lloyds customers issued personal details warning

Insider Buying and Selling at Barclays

In related news, insider Anna Cross sold 461,588 shares of the business's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of GBX 521, for a total transaction of £2,404,873.48. 0.34% of the stock is currently owned by insiders.

Barclays Price Performance

Shares of LON:BARC opened at GBX 419.40 on Tuesday. The company has a market capitalization of £56.00 billion, a PE ratio of 8.68, 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 business has a fifty day moving average price of GBX 456.94 and a 200-day moving average price of GBX 462.54.

Barclays (LON:BARC - Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The financial services provider reported GBX 12.30 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 anticipate that Barclays will post 39.11 earnings per share for the current fiscal year.

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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