Barclays

Barclays PLC

British universal bank headquartered in London whose investment bank publishes equity research on about 1,800 stocks across the Americas and Europe, with a U.S. equities platform built on the Lehman Brothers businesses it bought in 2008.

Company history

Barclays traces its origins to a goldsmith bank opened on Lombard Street, London, in 1690; in 1896 20 banks amalgamated as Barclay and Company Limited. In 1986 it formed the investment bank Barclays de Zoete Wedd, and in 1997 agreed to sell BZW's equities and corporate finance arms to Credit Suisse First Boston, keeping the debt business as Barclays Capital. Its 2008 purchase of Lehman Brothers' North American businesses restored U.S. equities and research; the unit now operates as Barclays Investment Bank.

  1. 1690Freame and Gould open goldsmith bank on Lombard Street
  2. 1896Twenty banks amalgamate as Barclay and Company Limited
  3. 1986Barclays de Zoete Wedd investment bank formed
  4. 1997Agrees BZW equities sale to CSFB; Barclays Capital formed
  5. 2008Acquires Lehman Brothers' North American businesses

Research

Barclays Research has more than 230 senior analysts covering about 1,800 stocks and over 500 credit issuers (2026), and ranked among the top three for Developed Europe research in Extel's 2026 survey. Stocks are rated Overweight, Equal Weight or Underweight against the analyst's industry coverage universe over a 12-month horizon; separate industry views are Positive, Neutral or Negative.

Coverage12M

Stocks
1,264
Ratings
4,340
Price targets
3,371
Median upside
+11.9%
Upgrades
174
Downgrades
183
Initiations
47
Reiterations
3,936
Targets raised
1,913
Targets cut
1,137
  • Positive55%669
  • Neutral31%386
  • Negative14%172

Sectors

  • Health Care16%
  • Information Technology15%
  • Financials12%
  • Consumer Discretionary12%
  • Industrials11%
  • Other7%
  • Real Estate6%

Ratings

  • Overweight53%
  • Equal Weight35%
  • Underweight12%

Listing

  • United States78%
  • Canada3%
  • United Kingdom2%
  • Israel2%

Activity24M

RatingsPrice targets1,044
Oct 2024 · Ratings 488 · Price targets 164Nov 2024 · Ratings 347 · Price targets 28Dec 2024 · Ratings 194 · Price targets 19Jan 2025 · Ratings 414 · Price targets 29Feb 2025 · Ratings 376 · Price targets 47Mar 2025 · Ratings 225 · Price targets 92Apr 2025 · Ratings 521 · Price targets 59May 2025 · Ratings 364 · Price targets 50Jun 2025 · Ratings 109 · Price targets 26Jul 2025 · Ratings 469 · Price targets 71Aug 2025 · Ratings 290 · Price targets 61Sep 2025 · Ratings 107 · Price targets 76Oct 2025 · Ratings 478 · Price targets 470Nov 2025 · Ratings 332 · Price targets 181Dec 2025 · Ratings 186 · Price targets 218Jan 2026 · Ratings 435 · Price targets 489Feb 2026 · Ratings 333 · Price targets 301Mar 2026 · Ratings 267 · Price targets 36Apr 2026 · Ratings 515 · Price targets 266May 2026 · Ratings 459 · Price targets 402Jun 2026 · Ratings 153 · Price targets 134Jul 2026 · Ratings 596 · Price targets 448Aug 2026 · Ratings 458 · Price targets 323Sep 2026 · Ratings 110 · Price targets 82
Oct '24Oct '25Sep '26

Most covered24M

StockRatingTargetActionsLast action
HONHoneywell International Inc.Overweight$23928Jun 10
HUMHumana Inc.Equal Weight$40726Jul 31
IBKRInteractive Brokers Group, Inc.Overweight$11426Jul 22
IVZInvesco Ltd.Equal Weight$3226Jul 29
MRXMarex Group plc Ordinary SharesOverweight$8626Aug 13
PEPPepsiCo, Inc.Equal Weight$14226Jul 21
STZConstellation Brands, Inc.Equal Weight$12226Sep 22
BLKBlackRock, Inc.Overweight$1,45025Jul 16
COINCoinbase Global, Inc.Underweight$9525Jul 31
HLTHilton Worldwide Holdings Inc.Overweight$36825Jul 29

Analysts24M

  • Tom O'MalleyMU · CRUS · CRDO97
  • Benjamin BudishVRTS · MRX · BX67
  • Raimo LenschowDDOG · NOW · ORCL67
  • Richard HightowerCPT · ESS · O62
  • Julian MitchellPNR · HON · TT60
  • Alex ScottPRU · UNM · ALL56

Recent actions

StockRating actionRatingTargetDate
Constellation Brands, Inc.STZReiterateEqual Weight$132$122Sep 22
Abivax S.A.ABVXReiterateOverweightSep 22
Ultragenyx Pharmaceutical Inc.RARETarget$32$35Sep 21
Plains GP Holdings, L.P.PAGPReiterateUnderweight$23$24Sep 21
Plains All American Pipeline, L.P.PAAReiterateUnderweight$23$24Sep 21
CDW CorporationCDWReiterateEqual WeightSep 21
Dynatrace, Inc.DTInitiateOverweightSep 18
Cybin Inc. Common StockHELPInitiateOverweight$35Sep 18

Similar coverage12M

References

  1. Research | Barclays Investment Bankcib.barclays
  2. Barclays Equity Research Rating Systempublicresearch.barclays.com
  3. Barclays - Wikipediaen.wikipedia.org
  4. Barclays - a quick history (Barclays Group Archives)home.barclays
  5. Barclays ranks top 3 in Extel 2026 Developed Europe Research Survey (Barclays Investment Bank)linkedin.com
  6. Barclays CEO on Bonds, AI, UK Taxing Banks (Bloomberg, 2026)bloomberg.com