CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure. CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure.

Is the Barclays share price heading for 19% gains?

Deutsche Bank upgraded its share price target for Barclays, citing reduced risk of a no-deal Brexit for its optimism, despite the bank’s third quarter results showing continued pressure on revenues.

Analysts at Deutsche Bank are optimistic about Barclays future, with the German investment bank upgrading its target price for the British bank in November.

‘While political uncertainty continues to weigh on economic activity, the risk of a crash Brexit has receded,’ Deutsche Bank told investors in a note last week.

Looking to trade Barclays and other UK bank stocks? Open a live or demo account with IG.

Deutsche Bank upbeat about Barclays share price trajectory

Deutsche Bank retained its ‘buy’ rating for the stock in November, upgrading its target price to 205p a share.

Based on Barclays share price trading at 172p as of 15:45 GMT on Tuesday, Deutsche Bank believes that the stock has a potential upside of 19%.

You can go long or short Barclays with IG using derivatives like CFDs.

Barclays Q3 results highlight pressure on revenues

Deutsche Bank’s optimism is good news for Barclays and other British lenders, especially after UK banks third quarter earnings disappointed after last-minute PPI claims nearly wiped out their profits and highlighted continued pressure remains on revenues.

Investors will be paying close attention to how the bank and its peers like Lloyds, Royal Bank of Scotland and HSBC perform in their fourth and final quarter now that the PPI scandal has finally been put to bed.

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Act on share opportunities today

Go long or short on thousands of international stocks with CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.