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Posted by
Two Blokes Jul 29 -
Filed in
Stock
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5 views
Barclays posted a Q2 2025 result that contained more positives than negatives, with continued income support from Global Markets and a low bad debt charge. Barclays' target RoTE for FY26E of at least 12% will require a continuation of current supportive trends and, as such, should be regarded as a stretch target. Although the stock's price to TNAV discount has almost entirely closed, high levels of near-term expected profitability align with an undemanding valuation and justify a continued Buy rating.
