Chris Hallam, an analyst from Goldman Sachs, reiterated the Buy rating on Barclays. The associated price target is p590.00.
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Chris Hallam has given his Buy rating due to a combination of factors that support a constructive outlook for Barclays’ earnings and valuation. He expects the bank to deliver resilient returns as management continues to execute on cost discipline and capital allocation, while regulatory headwinds appear manageable relative to peers.
He also sees scope for improved shareholder distributions, supported by a solid capital position and ongoing balance sheet optimization. In his view, the current share price does not fully reflect Barclays’ medium‑term profitability potential, creating an attractive entry point for investors willing to look through near‑term macro uncertainty.
According to TipRanks, Hallam is a top 100 analyst with an average return of 25.5% and a 74.59% success rate.
In another report released yesterday, TipRanks – Google also reiterated a Buy rating on the stock with a p452.00 price target.