10:55 AM EDT, 07/29/2025 (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 to USD21 (from USD17). This was derived by applying a P/B multiple of 0.91x to BARC's Q2 2025 book value per share (BVPS). The applied P/B multiple is at a premium to its five-year average P/B of 0.60x, justified in our view by BARC's sustained capital returns, improving profitability across core franchises, and disciplined risk-weighted asset growth. We keep our earnings per ADS forecasts of GBP1.60 for 2025 and GBP2.04 for 2026. Following its H1 2025 results, we believe BARC continues to deliver improving profitability and returns, supported by disciplined cost control and targeted reshaping of its franchise. However, with the shares trading above its historical average P/B, near-term upside may be limited with an absence of re-rating triggers. Regulatory headwinds and cautious credit provisioning also warrant a balanced stance, justifying our Hold recommendation for now.