JPMorgan raises price target on Barclays to 600 GBp
JPMorgan lifted the price target on Barclays PLC to 600 GBp from 590 GBp and maintained an Overweight rating.
The rating update came as Barclays announced the acquisition of GoHenry, a youth banking brand.
The transaction is expected to complete in Q4 2026 and reduce Barclays’ CET1 ratio by approximately 5bps.