Barclays Downgraded by Citigroup: Analyst Update and Forecast

Citigroup downgraded Barclays from a "Buy" to a "Neutral" rating, without adjusting the price target. Analyst Andrew Coombs made the announcement on July 18, 2025. The downgrade suggests that Citigroup no longer sees Barclays as a buying opportunity but recommends a hold position for investors. Analysts forecast an average target price of $17.35, with a high estimate of $19.80 and a low estimate of $14.90. The average target implies an 8.73% downside from the current price of $19.01.

Citigroup downgraded Barclays (NYSE: BCS) to a "neutral" rating on July 18, 2025, without adjusting the price target. The move suggests that Citigroup no longer sees Barclays as a buying opportunity but recommends a hold position for investors [1].

The downgrade came from Citigroup analyst Andrew Coombs. According to MarketBeat.com, the average target price for Barclays is now $17.35, with a high estimate of $19.80 and a low estimate of $14.90. This average target implies an 8.73% downside from the current price of $19.01 [1].

Other analysts have also recently commented on Barclays' stock. Royal Bank of Canada raised their price objective on shares of Barclays from GBX 340 ($4.57) to GBX 355 ($4.77) and gave the company an "outperform" rating. Shore Capital reissued a "buy" rating on shares of Barclays, and JPMorgan Chase & Co. upped their price target on Barclays from GBX 370 ($4.97) to GBX 410 ($5.51) and gave the company a "top pick" rating [1].

Barclays has an average rating of "Buy" and a consensus price target of GBX 370.25 ($4.97) [1]. Despite the downgrade, Barclays' stock performance remains robust, with shares opening at GBX 347.80 ($4.67) on July 18, 2025 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/barclays-nysebcs-downgraded-by-citigroup-to-neutral-2025-07-18/