BNP Paribas: Barclays raises target price
(CercleFinance.com) - Barclays maintains its 'overweight' rating on BNP Paribas shares, increasing its TP for them from E84 to E96, which now represents over 30% upside potential, in a report on French banks.
The broker expects its results to grow faster than the sector average in 2025-27, driven by higher revenue growth (rebound in net interest income from 2025, diversified revenue mix) and cost control.
We believe that the share will see an upswing, as BNP Paribas moves towards its target ROTE of 12% in 2026, against a P/TBV 2025 ratio of 0.75 times, and on sufficient capital, Barclays adds.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
The broker expects its results to grow faster than the sector average in 2025-27, driven by higher revenue growth (rebound in net interest income from 2025, diversified revenue mix) and cost control.
We believe that the share will see an upswing, as BNP Paribas moves towards its target ROTE of 12% in 2026, against a P/TBV 2025 ratio of 0.75 times, and on sufficient capital, Barclays adds.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.