Mid adult man using a smart phone to monitor his cryptocurrency and stock trading. He is in his small jewellery workshop.
City analysts are all convinced the Barclays (LSE:BARC) share price will soar over the next year. The question is, how high can the FTSE 100 bank reach by next March?
Right now 17 brokers have ratings on Barclays shares. And not a single one of them expects the bank to fall in value over the next 12 months. One thinks it will rise 54%, to 590p, though the average price target among all analysts sits back at 537.4p, up 40% from current levels.
Even the most pessimistic number cruncher is predicting big gains. Their 12-month price forecast is 450p, suggesting a 17% increase.
But how realistic are…
