Royal Bank Of Canada Lowers Barclays (LON:BARC) Price Target to GBX 550

Barclays (LON:BARC) had its price target decreased by equities research analysts at Royal Bank Of Canada from GBX 575 to GBX 550 in a research report issued on Wednesday,Digital Look reports. The brokerage presently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 10.26% from the company’s current price.

Other research analysts also recently issued reports about the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 620 price target on shares of Barclays in a report on Wednesday. JPMorgan Chase & Co. upped their price target on shares of Barclays from GBX 590 to GBX 600 and gave the stock an “overweight” rating in a report on Friday, June 12th. Shore Capital Group reiterated a “buy” rating on shares of Barclays in a research report on Tuesday, April 28th. Citigroup lifted their price objective on Barclays from GBX 425 to GBX 450 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group boosted their target price on Barclays from GBX 570 to GBX 590 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 575.

Barclays Stock Down 1.2%

Shares of BARC opened at GBX 498.80 on Wednesday. The business’s 50-day moving average price is GBX 491.29 and its 200-day moving average price is GBX 458.98. Barclays has a twelve month low of GBX 352.65 and a twelve month high of GBX 538.30. The stock has a market cap of £67.27 billion, a PE ratio of 11.49, a P/E/G ratio of 1.15 and a beta of 0.88.

Barclays (LON:BARC) last issued its quarterly earnings data on Tuesday, July 28th. The financial services provider reported GBX 30.70 EPS for the quarter. Barclays had a net margin of 17.81% and a return on equity of 9.46%. Analysts expect that Barclays will post 39.1062802 earnings per share for the current fiscal year.

More Barclays News

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: First-half profit rose 17% to £6.1 billion, supported by stronger investment-banking, equities-trading and dealmaking activity. Earnings per share were 30.7 pence, while return on tangible equity reached 14.8%. Barclays Profits Jump 17% Due to Rise in Dealmaking
• Positive Sentiment: Management raised its 2026 group-income outlook to approximately £31.5 billion, reflecting continued momentum in investment banking and financial markets. Barclays posts robust H1 results and raises guidance
• Positive Sentiment: Barclays announced up to £1 billion in share repurchases and a higher interim dividend, strengthening the near-term shareholder-return case.
• Positive Sentiment: Bank of America maintained a Buy rating with a 615-pence price target, citing investment-bank outperformance, the guidance increase and what it viewed as an undervalued share price. Analyst maintains Buy rating on Barclays
• Positive Sentiment: Barclays is expanding its Asia investment-banking team, a move intended to capture additional dealmaking and fee-growth opportunities. Barclays bolsters Asia investment banking team
• Neutral Sentiment: The earnings release showed a return on equity of 9.46% and a net margin of 17.81%, while higher provisions for potential bad debts partly offset stronger operating performance.
• Negative Sentiment: Investors focused on rising costs and concerns that portions of Barclays’ investment bank performed less strongly than major U.S. peers during a favorable trading environment. The shares had also rallied substantially over the prior year, increasing the risk of profit-taking and elevated expectations. Barclays profit rises but shares fall as costs set to rise
• Negative Sentiment: Reports of payment and transfer glitches affecting Barclays and other U.K. banks could weigh modestly on customer confidence, although the issue appears operational rather than a fundamental earnings problem. UK Banking Customers Face Transfer and Payment Glitches

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.