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RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays, citing weakness in investment bank income and slightly higher expenses. The broker kept an outperform rating but cut its price target to 525 pence from 550 pence.
RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays, citing weaker investment bank income and slightly higher expenses. The broker kept an outperform rating but cut its target price to 525 pence from 550 pence.
A note cites political instability, rising European debt costs and energy inflation risks as factors leaving the euro vulnerable. The euro was down 0.1% to $1.1184, near its lowest level in over 16 months.