RE: #BARC Barclays Kept at Buy as BofA Notes FY28 Targets; Price Objective Up Barclays : BofA Global Research raises PT to 570p from 530p18 Feb 2026 12:34
I want to be positive about Barcs and the economy in general but I just can’t.
FTSE is absolutely cooked, unemployment is increasing year on year, the housing market is slowing and begging for even more false stimulus.
Geo political tensions a list as long as my arm, and to top it off Starmer will be pushed out of office sooner or later and if reform pick up the reigns then banks will take a big hit.
£4.85 is that pivotal point again on the chart, it will be interesting to see where it closes in relation to that tonight.