Barclays share price ticks up as profit-target talk builds ahead of Feb. 10 results
Barclays shares rose 0.2% to 481.2 pence in early London trading after Reuters reported UK banks may raise profit targets ahead of earnings. Sources told Reuters Barclays plans to lift its return on tangible equity target above 12%. The bank repurchased over 3.5 million shares for cancellation after a Jan. 23 buyback. Full-year results are due Feb. 10.