Barclays Raises PT to $69, Maintains Overweight Rating for Holding.

Barclays Raises PT to $69, Maintains Overweight Rating for Holding.

In a recent update, Barclays analyst Nicholas Campanella has raised the firm's price target on Barclays PLC (NYSE: BCS) to $69, while maintaining an Overweight rating on the stock. The analyst cited the company's strong fundamentals and long-term growth prospects as supporting factors for this rating. Despite mixed second-quarter (Q2) results, which included a year-over-year (YoY) decline in core earnings per share (EPS) from $1.23 to $0.97, Edison International's revenue rose 5% YoY to $4.54 billion, outperforming analyst expectations [1].

Barclays' decision to maintain its Overweight rating reflects the company's ability to navigate near-term pressures and deliver consistent revenue growth. Edison International's strong dividend yield of 6.0% and a payout ratio of 48.60% also make it an attractive option for income-focused investors [2]. Institutional investors and hedge funds have shown interest in Edison International, with several prominent funds increasing their stakes in the company, further bolstering its long-term prospects.

Institutional investors, such as Scotia Capital Inc., have also been active in Barclays' stock. Scotia Capital Inc. made a significant investment of $1.63 million in Barclays PLC by purchasing 106,186 shares during the first quarter. Additionally, PNC Financial Services Group Inc. boosted its position in shares of Barclays by 11.8% during the first quarter, further indicating confidence in the company's future performance [3].

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments, offering services such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

References:
[1] https://finance.yahoo.com/news/barclays-maintains-overweight-rating-edison-035955851.html
[2] https://www.marketbeat.com/instant-alerts/filing-asr-vermogensbeheer-nv-makes-new-investment-in-edison-international-nyseeix-2025-08-07/
[3] https://www.marketbeat.com/instant-alerts/filing-scotia-capital-inc-makes-new-163-million-investment-in-barclays-plc-nysebcs-2025-08-06/