Fintel reports that on September 7, 2023, JP Morgan Cazenove reiterated coverage of Barclays (LSE:BARC) with a Overweight recommendation.
Analyst Price Forecast Suggests 63.49% Upside
As of August 31, 2023, the average one-year price target for Barclays is 241.93. The forecasts range from a low of 171.70 to a high of $336.00. The average price target represents an increase of 63.49% from its latest reported closing price of 147.98.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Barclays is 26,423MM, an increase of 12.44%. The projected annual non-GAAP EPS is 0.33.
Barclays Maintains 5.20% Dividend Yield
At the most recent price, the company's dividend yield is 5.20%.
Additionally, the company's dividend payout ratio is 0.18. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
What is the Fund Sentiment?
There are 445 funds or institutions reporting positions in Barclays. This is a decrease of 102 owner(s) or 18.65% in the last quarter. Average portfolio weight of all funds dedicated to BARC is 0.31%, a decrease of 10.03%. Total shares owned by institutions decreased in the last three months by 4.19% to 2,072,953K shares.
What are Other Shareholders Doing?
DODFX - Dodge & Cox International Stock Fund holds 502,326K shares representing 3.27% ownership of the company. No change in the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 208,814K shares representing 1.36% ownership of the company. In it's prior filing, the firm reported owning 27,333K shares, representing an increase of 86.91%. The firm increased its portfolio allocation in BARC by 879.25% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 122,780K shares representing 0.80% ownership of the company. In it's prior filing, the firm reported owning 121,333K shares, representing an increase of 1.18%. The firm increased its portfolio allocation in BARC by 5.18% over the last quarter.
DODWX - Dodge & Cox Global Stock Fund holds 85,951K shares representing 0.56% ownership of the company. No change in the last quarter.
IEFA - iShares Core MSCI EAFE ETF holds 84,822K shares representing 0.55% ownership of the company. In it's prior filing, the firm reported owning 85,468K shares, representing a decrease of 0.76%. The firm decreased its portfolio allocation in BARC by 15.05% over the last quarter.
See all Barclays regulatory filings.
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