Barclays (LON:BARC) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Barclays (LON:BARC) had its price objective increased by JPMorgan Chase & Co. from GBX 500 to GBX 570 in a research note issued on Tuesday, Marketbeat reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 19.45% from the stock’s current price.

BARC has been the subject of several other reports. Citigroup raised their target price on shares of Barclays from GBX 400 to GBX 415 and gave the company a “neutral” rating in a report on Thursday, October 23rd. Royal Bank Of Canada increased their price target on shares of Barclays from GBX 435 to GBX 500 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Shore Capital reissued a “buy” rating on shares of Barclays in a research note on Wednesday, October 22nd. Finally, Jefferies Financial Group lifted their price objective on Barclays from GBX 455 to GBX 470 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Barclays presently has an average rating of “Moderate Buy” and an average price target of GBX 457.50.

Barclays Price Performance

Barclays stock opened at GBX 477.20 on Tuesday. Barclays has a 1-year low of GBX 223.75 and a 1-year high of GBX 492.95. The company has a market cap of £66.07 billion, a PE ratio of 11.75, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. The stock’s 50 day moving average price is GBX 452.67 and its 200 day moving average price is GBX 401.65.

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

Key Stories Impacting Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Continued buy‑back activity — Barclays has been repurchasing and cancelling shares (recent purchases ~2.5m and prior announcement that the programme has passed ~81m shares). Buybacks and cancellations reduce share count and support EPS, which is a clear near‑term positive for shareholders. Barclays Continues Share Buy-Back, Cancels Further 2.5 Million Shares
• Positive Sentiment: Broker upgrade — JPMorgan raised its price target to GBX 570 and moved to Overweight, providing fresh buy‑side research momentum that can lift sentiment and attract institutional flows. JPMorgan Chase & Co. Issues Positive Forecast for Barclays
• Neutral Sentiment: European HQ relocation — reports say Barclays will relocate its European headquarters from Dublin to Paris. This is strategically significant (regulatory/tax/market access implications) but effects on near‑term earnings are unclear; watch for transition costs and regulatory filings. Barclays to relocate European headquarters to Paris from Dublin
• Neutral Sentiment: Commercial/brand activity — Barclays named as a commercial partner for the London Spirit with Nike; useful for brand visibility but immaterial to core banking P&L. Barclays and Nike unveiled as London Spirit’s first commercial partners
• Neutral Sentiment: Market commentary — Barclays’ FX/EM team commented on the Indonesian rupiah’s record low; macro insights may influence institutional FX desks but are not a direct driver of bank valuation. Barclays on Rupiah’s Record Low
• Negative Sentiment: Customer warning/operational notices — media reported a customer warning from Barclays that may affect perception among retail clients; operational or regulatory follow‑ups could create short‑term noise. Barclays issues ‘important’ warning for millions of customers who must ‘prepare’
• Negative Sentiment: Branch closure/local sale — a Barclays branch in Sudbury will be converted to flats after planning approval; small‑scale property rationalisation signals cost‑cutting/estate reshaping but has negligible impact on group earnings. Barclays in Sudbury to become flats as plans approved

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.