RBC cuts target for Barclays stock from GBp 550.00 to GBp 525.00

Published on 10/15/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC cut its target to GBp 525.00 from GBp 550.00 on October 9, 2026. Barclays stock costs EUR 5.16 on October 15, 2026, 0.96 percent above the Xetra close.

Analyst target and reporting date

RBC Capital Markets cut its Barclays target from GBp 550.00 to GBp 525.00 on October 9, 2026.
Barclays reported GBP 16.5 billion of first-half 2026 income, up 11.00 percent year over year.
Barclays stock trades at EUR 5.16 at 11:09 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.96 percent above the Xetra close of October 14, 2026.
Barclays is scheduled to report third-quarter results on October 22, 2026.

Isometrische 3D-Grafik zeigt Bankprozesse von Einlage bis digitalem Zahlungsverkehr — Barclays plc (ISIN GB0031348658) veranschaulicht die Wertschöpfungskette von Einlagen bis digitalen Zahlungen isometrisch, Illustration mit AI erstellt.

Barclays (ISIN GB0031348658) was trading at EUR 5.16 at Lang & Schwarz on October 15, 2026 at 11:09 a.m. CEST, 0.96 percent above the Xetra close of October 14, 2026 at EUR 5.11. RBC Capital Markets cut its Barclays price target from GBp 550.00 to GBp 525.00 on October 9, 2026, while keeping its Outperform rating, according to Proactive Investors.

RBC trims target ahead of results

The target reduction reflects a more cautious profit view before Barclays reports its third quarter. Proactive Investors reported that RBC lowered its 2027 adjusted pretax profit forecast by 2.00 percent, citing weaker investment bank revenue and higher expenses. RBC also projected adjusted earnings per share of GBp 51.30 for 2026 and GBp 68.70 for 2027.

What does the target cut change?

The counterweight is Barclays' first-half operating performance. Income rose 11.00 percent to GBP 16.5 billion in the first half of 2026, while shareholder payouts reached GBP 2.3 billion, up 61.00 percent from a year earlier, according to Fidelity International. The investment bank was the strongest contributor, with income rising 20.00 percent during the period.

Three Barclays milestones

On July 27, 2026, Barclays reported adjusted earnings per share of USD 0.90 against USD 0.89 expected, according to MarketBeat. On July 28, 2026, first-half income reached GBP 16.5 billion, up 11.00 percent year over year, according to Fidelity International. On October 9, 2026, RBC cut its target to GBp 525.00 from GBp 550.00.

Next reporting date

Barclays is scheduled to publish third-quarter 2026 results on October 22, 2026, before the US market opens, with a conference call at 4:30 a.m. ET, according to MarketBeat. The published consensus calls for USD 0.69 in earnings per share and USD 10.09 billion in revenue.

Stock holds above the Xetra close

RBC's lower target puts the upcoming report in sharper focus, especially for investment bank revenue and costs. Barclays was trading at EUR 5.16 at Lang & Schwarz on October 15, 2026 at 11:09 a.m. CEST, 0.96 percent above the Xetra close of October 14, 2026 at EUR 5.11.

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