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Barclays share price surges to near-decade high after upgrade
The Herald
|May 14, 2025
BARCLAYS has experienced a significant uplift after the FTSE banking giant reported an impressive first quarter, fuelled by a robust performance in its investment division.
RBC analysts have upgraded Barclays' shares, setting a target price of 340p on the stock a 14% increase. Shares rose by 0.2% during early trading yesterday, reaching a near-decade high of over 314p.
On Monday, shares peaked at 318.50p before closing at 313.30p.
The lender has seen a rise of over 17% since the start of 2025 and 46% over the past 12 months. Equity analysts Benjamin Toms and Pablo de la Torre Cuevas suggested an upside scenario could see the bank's share price reach 370p.
They predicted nearly £11bn of returns to shareholders by the end of 2026, through a mix of dividends and buybacks.
Diese Geschichte stammt aus der May 14, 2025-Ausgabe von The Herald.
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