Goldman Sachs keeps Buy rating on Barclays stock

Published on 10/06/2026 at 12:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs set a GBp 680.00 target for Barclays on October 5, 2026. Barclays stock costs EUR 5.31 versus EUR 5.26, up 0.95 percent.

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Barclays (ISIN GB0031348658) was trading at EUR 5.31 at Lang & Schwarz on October 6, 2026 at 12:20 p.m. CEST, up 0.95 percent versus the prior close of EUR 5.26. Goldman Sachs maintained a Buy rating and set a GBp 680.00 price target for Barclays on October 5, 2026, according to Markets Insider.

H1 income rose 11 percent

Barclays entered the latest broker update with stronger reported earnings. The six months ended June 30, 2026 produced total income of GBP 16.5 billion, up from GBP 14.9 billion in the same period of 2025, while profit before tax rose to GBP 6.1 billion from GBP 5.2 billion, according to MetaTrader.

The second quarter supplied the sharper comparison. Total income reached GBP 8.3 billion versus GBP 7.2 billion a year earlier, and profit before tax increased to GBP 3.3 billion from GBP 2.5 billion; return on tangible equity rose to 16.1 percent from 12.3 percent in the same periods, the filing summary showed.

Guidance rises as credit costs matter

Barclays lifted its 2026 group income target to GBP 31.5 billion from GBP 31.0 billion and raised net interest income guidance excluding the investment bank and head office to above GBP 13.7 billion from above GBP 13.5 billion, according to Simply Wall St.

The counterweight is credit quality. Barclays held a GBP 430 million provision for the FCA motor finance redress scheme as of June 30, 2026, while its H1 2026 loan loss rate stood at 62 basis points versus 52 basis points a year earlier, according to the interim results summary.

Next report arrives October 22

The next scheduled reporting date is October 22, 2026, when Barclays is set to publish third-quarter results, according to Simply Wall St. That date will test whether the income trajectory and higher guidance are translating into durable returns while provisions remain a visible risk factor.

Euro quote stays near prior close

Barclays stock was trading at EUR 5.31 at Lang & Schwarz on October 6, 2026 at 12:20 p.m. CEST, with a daily gain of 0.95 percent against the EUR 5.26 prior close at Lang & Schwarz on October 5, 2026.

The further course of trading is shown by the continuously updated real-time quote of Barclays stock.