Morgan Stanley raised the firm’s price target on Barclays (BCS) to 540 GBp from 510 GBp and keeps an Overweight rating on the shares.
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Read More on BCS:
- Barclays: Solid Profit Momentum, Efficiency Gains and Capital Returns Support Buy Rating and Mid-Teens ROTE Valuation Upside
- Barclays: Upgraded Medium-Term Outlook, Strong Capital Returns, and Robust Q4 Performance Support Buy Rating
- Barclays targets FY28 RoTE of greater than 14%
- Barclays targets FY26 RoTE of greater than 12%
- Barclays reports Q4 EPS 8.6p vs. 6.7p last year