12:30 PM EDT, 04/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price for Barclays ( BCS ) to USD17 from USD16, reflecting a P/B multiple of 0.74x, a premium to its five-year average P/B of 0.48x, justified by the expected improvement in BARC's profitability, in our view. We think the discount to peer average P/B of 0.94x is warranted due to BARC's weaker ROE profile (consensus forward ROE of 9.4% vs. the peer average of 10.6%). We leave our earnings per ADS forecasts unchanged. Following BARC's strong Q1 2025 results, we believe its diversified business model, focus on cost efficiency, and strong capital position should provide resilience in the coming quarters. We think BARC's revenue mix, with lower-than-peers proportion of net interest income to revenue, demonstrates structural resilience even as monetary policy shifts toward lower rates. Concurrently, heightened financial market volatility could prove beneficial for BARC's trading desks within its investment banking division, in our opinion.