Barclays Share Price Target Raised to 420p

With Barclays (LON: BARC) shares rising this year, the stock has attracted increased attention from financial analysts, resulting in upward revisions of price targets and improved investor confidence.

Morgan Stanley recently raised its price target on Barclays stock to 420p from 400p per share, signaling a bullish outlook on the financial institution.

Despite the target increase on Monday, Barclays shares declined by around 0.4%. So far on Wednesday, the stock is down 0.5%. However, this year, it has gained more than 35%, reaching an intraday high of over 379p on August 11, before pulling back to below 358p.

Morgan Stanley's previous upgrade of Barclays in 2023 was spearheaded by analyst Alvaro Serrano, who cited the bank's underappreciated growth within the U.S. credit card market and the anticipated rebound in M&A activities as key drivers.

The firm believes Barclays is well-positioned to capitalize on these trends, outperforming its competitors in the U.S. market.

Other financial institutions have echoed this positive sentiment. UBS analyst Jason Napier increased the price target for Barclays to 430p from 415p, maintaining a ‘Buy' rating.

Similarly, Kepler Capital analyst Nicolas Payen raised the price target to 415p from 405p, also maintaining a ‘Buy' rating. Deutsche Bank analyst Robert Noble reiterated a ‘Buy' rating with a price target of 380p. These endorsements reflect a growing consensus among analysts regarding Barclays' financial performance and strategic initiatives.

Barclays' Q2 2025 financial results further support this optimistic outlook, reporting a 14% increase in revenue. Moreover, Barclays announced a second £1 billion share buyback for the year, demonstrating confidence in its financial health and commitment to returning value to shareholders.