JPMorgan Chase & Co. Issues Positive Forecast for Barclays (LON:BARC) Stock Price

Barclays (LON:BARC) had its price target boosted by JPMorgan Chase & Co. from GBX 500 to GBX 570 in a research report released on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has an overweight rating on the financial services provider’s stock.

Several other equities research analysts also recently commented on BARC. Royal Bank Of Canada raised their target price on Barclays from GBX 435 to GBX 500 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Jefferies Financial Group lifted their price objective on shares of Barclays from GBX 455 to GBX 470 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Citigroup boosted their target price on shares of Barclays from GBX 400 to GBX 415 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of Barclays in a report on Wednesday, October 22nd. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 457.50.

Barclays Trading Down 0.7%

LON:BARC opened at GBX 479.60 on Tuesday. The firm’s fifty day simple moving average is GBX 451.70 and its 200 day simple moving average is GBX 401.12. Barclays has a twelve month low of GBX 223.75 and a twelve month high of GBX 492.95. The firm has a market capitalization of £66.40 billion, a price-to-earnings ratio of 11.81, a PEG ratio of 1.15 and a beta of 1.36.

Barclays (LON:BARC) last announced its quarterly earnings results 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, analysts predict that Barclays will post 39.1062802 earnings per share for the current year.

Key Stories Impacting Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Barclays has continued an aggressive buy‑back and cancel programme, recently repurchasing and cancelling additional millions of ordinary shares (part of an >81m shares programme). That reduces share count and should be EPS‑accretive, supporting valuation. Barclays Cancels Additional Shares as Buy-Back Programme Passes 81 Million Mark
• Positive Sentiment: JPMorgan upgraded Barclays (Overweight) and lifted its price target from GBX 500 to GBX 570 — a notable broker endorsement that can support investor confidence and provide upward pressure on the share price. Broker Ratings (Digital Look)
• Positive Sentiment: Commercial partnership news: Barclays was named among London Spirit’s first commercial partners alongside Nike — a visibility/brand partnership that is positive for retail banking/brand positioning in the U.K. market. Barclays and Nike unveiled as London Spirit’s first commercial partners
• Neutral Sentiment: Barclays economists/commentators weighed in on the Indonesian rupiah’s record low — relevant to EM FX exposure and client flow commentary but not an immediate balance‑sheet shock. Useful for macro risk context rather than direct stock drivers. Barclays on Rupiah’s Record Low
• Neutral Sentiment: Barclays’ research team has been active — notable calls include large price‑target hikes (e.g., Micron target raised materially). This boosts the bank’s research/markets profile but is only an indirect influence on BARC’s own stock. Barclays and Wells Fargo Lift Price Targets on Micron Technology (MU)
• Negative Sentiment: Customer advisory: Barclays issued a public warning telling millions of customers to “prepare” — stories like this can trigger short‑term retail friction or reputational concerns (potentially leading to customer action or scrutiny). Details remain operational/consumer‑facing. Barclays issues ‘important’ warning for millions of customers who must ‘prepare’
• Negative Sentiment: Wider legal/sector risk: a high‑profile lawsuit against several big banks was reported — if Barclays is implicated further, it could create legal/ reputational risk; currently this is a sector‑level headline to monitor. Heiress sues big banks for $12B…

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.