Barclays PLC (NYSE:BCS) is one of the Most Undervalued Long Term Stocks to Buy According to Analysts. On March 11, analyst Chris Hallam of Goldman Sachs maintained a Buy rating on Barclays PLC (NYSE:BCS) and raised the price target from p550 to p590.

​The analyst said in a research note that he sees Barclays and other European banks as attractive in terms of valuations relative to the risks. He noted that the recent declines in the sector due to fears of AI disruptions, private credit risks, and Middle East tensions are overblown compared to the limited impact on earnings.

​He highlighted that geopolitically driven credit losses are expected to be offset by higher net interest income from elevated rates. Moreover, Hallam noted that Barclays and its peers trade at a discount to US banks and offer double-digit earnings growth potential despite risks. He highlighted that the bank now relies less on traditional lending, with diversified revenue streams and robust capital buffers.

​Headquartered in London, Barclays PLC (NYSE:BCS) is a bank holding company that provides credit cards, retail banking, wealth management, and corporate and investment banking services.

While we acknowledge the potential of BCS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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