01:20 AM EDT, 10/23/2025 (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 USD24 (from USD21), reflecting 2026 P/E of 8.82x. This represents a premium to BARC's five-year historical forward P/E average of 7.46x, which we believe is warranted given its improved profitability profile, earnings resilience, and capital return visibility. We leave our earnings per ADS forecasts unchanged. BARC's Q3 2025 results underscore a step-change in earnings quality, with upgraded RoTE guidance, resilient divisional performance, and a robust capital return program. Despite a strong share price rally, the stock still trades at a discount to peers, offering re-rating potential as management delivers on over-11% RoTE. With diversified earnings levers and an attractive shareholder return profile, we upgrade our view to Buy, seeing scope for continued outperformance. Catalysts include further recovery in investment banking, continued U.K. mortgage growth, and additional buybacks in 2026.