J.P. Morgan sets GBp 630.00 target for Barclays stock

Published on 10/23/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays stock saw third-quarter profit rise 12.00 percent to GBP 2.30 billion on October 22, 2026. Buyback plans cover GBP 500.00 million.

Capital returns and quarterly results

J.P. Morgan set a GBp 630.00 Barclays target on October 22, 2026.
Third-quarter pretax profit rose 12.00 percent to GBP 2.30 billion.
Barclays stock trades at EUR 4.88 at 10:31 a.m. CEST at Lang & Schwarz on October 23, 2026.

Trading-Floor mit Händlern und großen Bildschirmen voller Finanzcharts im Bankensektor — Barclays plc (ISIN GB0031348658) wird an der Londoner Börse im FTSE 100 Bankensektor aktiv gehandelt, Illustration mit AI erstellt.

Barclays (ISIN GB0031348658) received a GBp 630.00 price target from J.P. Morgan on October 22, 2026, while the bank reported third-quarter profit before tax of GBP 2.30 billion. According to Markets Insider, analyst Kian Abouhossein maintained a Buy rating and set the target at GBp 630.00.

Quarterly profit rises 12.00 percent

The third-quarter result was stronger on profit but weaker in fixed-income trading. Reuters reported on October 22, 2026, that pretax profit increased 12.00 percent from a year earlier, while the investment bank generated GBP 3.10 billion of income, below the GBP 3.30 billion forecast.

Hargreaves Lansdown said on October 22, 2026, that earnings per share rose 18.00 percent year over year to 12.30p and return on tangible equity increased to 11.70 percent from 10.60 percent.

What does the buyback change?

Barclays announced a GBP 500.00 million share buyback alongside the results. The return adds to GBP 2.80 billion of distributions during 2026, while management kept its target for return on tangible equity above 12.00 percent.

Three October 22 developments

On October 22, 2026, Barclays reported third-quarter pretax profit of GBP 2.30 billion, according to TradingView. On the same date, the bank announced a GBP 500.00 million buyback. Reuters also reported that Barclays planned to cut 5,000 jobs, equal to 5.00 percent of its workforce, through technology-enabled cost reductions.

Next calendar marker

Reuters identified October 28, 2026, as the date of the UK budget, which could bring further discussion of taxes on bank profits and remains a relevant external policy date for Barclays.

Stock price in euros

The Barclays share price was EUR 4.88 at Lang & Schwarz on October 23, 2026, at 10:31 a.m. CEST. The primary listing is on the London Stock Exchange, where the share was GBp 407.60 at 9:33 a.m. BST on October 23, 2026; the 52-week range was GBp 361.35 to GBp 538.30 and market capitalization was GBP 54.3 billion.

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