Since the start of the year, the Barclays (BARC.L) share price has jumped from £1.55 to £2.42, making the stock one of the FTSE 100’s (^FTSE) best performers of 2024. But what’s next? The average analyst price target’s around 13.5% higher than the current share price. And there are some clear signs things could be set to improve for the bank. The average price target for Barclays shares is £2.75, implying optimism in the stock. But there’s quite a wide range of forecasts and not all are so positive. The highest estimate I can find is £3.30, which is 36% above the current share price. But the lowest is £2, which implies a decline of around 17%. Source: TradingView This is a good illustration of why I wouldn’t be willing to buy Barclays shares simply based on what analysts say. There’s fairly substantial disagreement and it’s hard to know who to believe. Predicting the next 12 months is clearly a challenge. But investors may be able to get some ideas from…
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