Barclays PLC (LON:BARC) Stock Has Consensus Price Target of GBX 576.67

Key Points

• Barclays has a “Moderate Buy” consensus rating from seven analysts, with six buy ratings and one hold. The average 12-month price target is GBX 576.67, implying upside from the reported GBX 428.55 share price.
• Recent analyst targets range from GBX 500 to GBX 620, while insiders bought 27,498 shares worth approximately £13.7 million over the past 90 days.
• Barclays reported quarterly earnings of GBX 30.70 per share, with a 25.61% net margin and 10.11% return on equity. Positive developments include potential involvement in the UK’s digital gilt pilot, while a £600 switching promotion could pressure near-term retail-banking margins.

Shares of Barclays PLC (LON:BARC - Get Free Report) have received an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 576.67.

BARC has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 550 target price on shares of Barclays in a report on Wednesday, August 12th. Citigroup dropped their price objective on shares of Barclays from GBX 510 to GBX 500 and set a "neutral" rating on the stock in a research report on Wednesday, September 23rd. Jefferies Financial Group raised their target price on shares of Barclays from GBX 590 to GBX 600 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. JPMorgan Chase & Co. lifted their target price on shares of Barclays from GBX 610 to GBX 620 and gave the stock an "overweight" rating in a report on Tuesday, September 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 570 price target on shares of Barclays in a report on Wednesday, July 29th.

Insider Buying and Selling at Barclays

In other news, insider Julia Wilson purchased 2,033 shares of the company's stock in a transaction that occurred on Tuesday, July 28th. The stock was acquired at an average cost of GBX 497 per share, with a total value of £10,104.01. Also, insider Mary Mack purchased 2,160 shares of Barclays stock in a transaction that occurred on Tuesday, July 28th. The stock was purchased at an average price of GBX 497 per share, with a total value of £10,735.20. Insiders acquired a total of 27,498 shares of company stock worth $13,666,506 in the last 90 days. Company insiders own 0.34% of the company's stock.

Barclays Stock Performance

Shares of LON:BARC opened at GBX 428.55 on Friday. Barclays has a 52-week low of GBX 353.55 and a 52-week high of GBX 538.30. The company has a market capitalization of £57.22 billion, a P/E ratio of 8.87, a price-to-earnings-growth ratio of 1.15 and a beta of 0.87. The company has a 50-day simple moving average of GBX 486.73 and a 200 day simple moving average of GBX 470.07.

Barclays (LON:BARC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The financial services provider reported GBX 30.70 earnings per share for the quarter. Barclays had a return on equity of 10.11% and a net margin of 25.61%. As a group, equities 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: An investor analysis characterized Barclays as a stronger, more diversified bank trading at a discount ahead of its third-quarter results. The thesis highlights potential upside from improving profitability, capital returns, and valuation if the bank delivers solid results. Barclays Heading Into Q3: A Stronger Bank At A Discount
• Positive Sentiment: Barclays was selected as one of six lead managers for the UK Treasury’s planned blockchain-based digital gilt pilot, scheduled for 2027. The mandate could provide modest fee income and reinforce Barclays’ role in UK capital markets and digital-finance infrastructure. Barclays, Lloyds among 6 lead managers appointed for UK digital gilt, DIGIT
• Neutral Sentiment: Convictions of former Barclays traders involved in historical interest-rate rigging cases were quashed. The decision may reduce residual legal and reputational concerns, but the cases are old and appear unlikely to materially change current earnings. Ex-Barclays traders’ rate-rigging convictions quashed
• Negative Sentiment: Barclays launched a £600 switching bonus and other customer-payment promotions. These offers may support customer acquisition and deposits, but they also increase near-term marketing and incentive costs, creating a small potential drag on retail-banking margins. Barclays launches £600 switching bonus

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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