A new forecast for Barclays shares
After recently reaching levels last seen in 2007 and achieving his previous target, independent analyst Alistair Strang updates his numbers for the high street bank.
13th July 2026 07:25
by Alistair Strang from Trends and Targets
Barclays (LSE:BARC)' share price, in line with our report three weeks ago, achieved closure at 529p, just above our initial target of 528p and sufficient to assure we’re following the correct trend.
- Invest with ii:Open a Stocks & Shares ISA | Top ISA Funds | Transfer your ISA to ii
From our perspective, this now means movements above 531p should promote a visit to 584p next with our longer-term secondary, if beaten, at a future 610p and almost certain hesitation.
Unfortunately, there’s the risk the share price shall enter the slowdown dance generated by events in the Middle East. This being the case, below blue (presently 497p) risks triggering reversal to an initial 477p with our secondary, if broken, at 459p and a potential bounce.
It’s fingers crossed time…
To judge by the futures market, world stock market indices don’t currently appear terrorised by Iran’s behaviour, prices heading a bit downward in a motion which feels more like they are acknowledging what happened, rather than running in circles like headless chickens.
In fact, both UK crude and US crude prices are manoeuvring in a zone which could easily see sharp reversal to 2020 price levels, essentially $57 and $49 respectively.
Source: Trends and Targets. Past performance is not a guide to future performance. Important: Trends and Targets charts only incorporate official share count consolidations, ignoring rights issues where investors have a choice as to whether to participate.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.