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Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Barclays Share Chat (BARC)



Share Price: 227.40Bid: 227.40Ask: 227.45Change: -0.90 (-0.39%)Faller - Barclays
Spread: 0.05Spread as %: 0.02%Open: 228.00High: 229.45Low: 226.45Yesterday’s Close: 228.30


Share Discussion for Barclays


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boonie
Posts: 649
Off Topic
Opinion:No Opinion
Price:227.40
Barc
Sat 18:12
Could Barclays (LSE: BARC) be the runaway winner in the banking sector in 2017 and beyond? Let me tell you why I think it could.

The key thing for me is that Barclays is the one that has firmly grasped the Brexit nettle, and it fully understands what it needs to do to minimise the negative effects of the UK leaving the EU.

Along with the bank’s third-quarter results, chief executive Jes Staley reiterated the goal of Barclays’ restructuring, which is to create “a simplified transatlantic, consumer, corporate and investment bank“, with the dumping of non-core businesses as quickly as possible being a key step along the way.

Looking out
That more outward-looking strategy should favour Barclays over rivals more focused on the UK and the EU, although I actually remain convinced that the rest of the UK’s banks aren’t in as much danger as many seem to think.

Barclays’ slashing of its dividend in order to focus expenditure on its restructuring was a bold move, and a smart one. The others must surely be wondering, in the wake of the referendum result, whether their own strategies of ramping up their dividends as they emerge from the banking crisis are perhaps now looking a bit foolhardy. Lloyds Banking Group, for example, is still forecast to provide a yield of nearly 6% in 2017, at a time when EPS forecasts look weak.

Share price boost
As a mark of confidence, investors have pushed Barclays shares up since their 2016 nadir of 121p, and today they stand at 235p. That’s an impressive performance, but it should also sound a note of caution, as it has pushed the shares up to a P/E of 18 now, based on 2016 year-end expectations — Lloyds shares are on a P/E of just half that.

Still, the City’s analysts are predicting a 50% rise in earnings for Barclays in 2017, which would drop the P/E to a more respectable 12. That’s still a relatively high rating for a bank right now, and I wouldn’t be at all surprised if we have a pause in the recent bullish run in the first half of the year. But if results continue to show positive restructuring progress, I can see an overall upwards trend continuing through the year.

What about the dividend?
When will Barclays’ dividend start rising again? When the bank announced the cut at the end of 2015, we were told to expect 3p per share for 2016 and 2017, so a resumption of growth this year appears to be out of the question. And the firm’s statement that it expects to “pay out a significant proportion of earnings in dividends to shareholders over time” (my emphasis) suggests to me that if we see any rise in 2018 it will only be a small one.

But that to me reinforces the nature of Barclays strategic plans, that they really are aimed at the long term and not at satisfying shareholders with short-term pocket money.

Barclays’ 2017 will be v
 
boonie
Posts: 649
Off Topic
Opinion:No Opinion
Price:227.40
Barc
Sat 18:02
An improving bank
Barclays (LSE: BARC) has risen by 78% in the last six months as investor confidence in the sector has improved. The bank has also begun to implement a new strategy under a new management team. While its decision to slash dividends may have caused some investors to be disappointed with the short-term income return on offer, it should help to shore up the bank’s balance sheet. Alongside asset disposals which are planned, this could cause Barclays to gradually become a stronger entity which is less risky and therefore worthy of a higher valuation.

In terms of its valuation, Barclays trades on a price-to-earnings (P/E) ratio of 17.9. While high, its earnings are due to rise by 52% this year, which means that it has a price-to-earnings growth (PEG) ratio of just 0.3. This indicates that its shares could move higher and remain good value. And with dividends of 3p per share representing just 15% of forecast earnings for the current year, it wouldn’t be surprising for shareholder payouts to rise at a rapid rate over the medium term.
Crystal_Balls
Posts: 78
Off Topic
Opinion:No Opinion
Price:227.40
Right
Fri 21:34
Ok no assassination now let's move on and give him a chance! Bit worried about the severe lack of global thinking in his intiall speeches however - come on Barc grind your way up to 260 by spring please. If Trump's policies are gonna be good for any sector I presume it will be banking - he's ****ged off most of the others so far anyway!
boonie
Posts: 649
Off Topic
Opinion:No Opinion
Price:227.40
Potential upside 13.4%
Fri 16:52
Barclays PLC 13.4% Potential Upside Indicated by Credit Suisse
Posted by: Amilia Stone 19th January 2017

Barclays PLC using EPIC/TICKER code LON:BARC has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Barclays PLC are listed in the Financials sector within UK Main Market. Credit Suisse have set a target price of 260 GBX on its stock. This is indicating the analyst believes there is a potential upside of 13.4% from today’s opening price of 229.3 GBX. Over the last 30 and 90 trading days the company share price has increased 7.25 points and increased 46.2 points respectively.

Barclays PLC LON:BARC has a 50 day moving average of 226.62 GBX and the 200 Day Moving Average price is recorded at 182.83 GBX. The 52 week high for the stock is 267.32 GBX while the 52 week low is 121.1 GBX. There are currently 16,963,242,531 shares in issue with the average daily volume traded being 35,719,052. Market capitalisation for LON:BARC is £38,540,486,513 GBP.

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.
Hottentot
Posts: 6,005
Off Topic
Opinion:No Opinion
Price:228.30
barbedwk -------
Thu 20:25
Seems to me that you've got all the basic TA indicators covered atm. ---
My advice is always not to complicate things too much ---
For what i'ts worth here's my two pennies worth --
The SP is currently stuck in a trading channel / range between good supp. at or around 220/222p
and res. up at or around 237/240p ----
So quite a narrow trading range , which if broken on good volume either way will give 210p , first target down and around 260p next target up .---
Broker & Analyst targets from beginning of 2017 range from just below 200p up to around 260p ----
Moving Averages ( 12dma, 26, dma & 200dma ) still look good ---
However, fast & slow stochastics & daily chart macd have all turned , and remain, negative ---
Price Action is now below 26dma which isn't good ---
Standard 14 day rsi stands on or around the 50 mark and has been dropping since the early december 2016 overbought levels ---
Price Action stands almost midway between the standard bollinger bands ---

What does all this mumbo jumbo mean and where do i think the SP is going next ??
To be honest i have no idea (lol) ---
But i'd be waiting for a break of the 240p res. or a re-test of the 220p supp. if i wasn't already in !! ---

JMVHO ---- and if anyone reading this post is a total TA non-believer then i really don't want to hear it cos' without a shadow of a doubt i've heard it all before !!

GL -----
barbedwirekiss
Posts: 1,114
Off Topic
Opinion:No Opinion
Price:229.05
RE: Re : OT ---target prices , how?
Thu 13:06
Thanks for the link. I have to admit to crossing over the doomed chasm into the world of TA. So far this year I've not done too bad, mainly on AAL and WAND (until today... bad mistake!)

I'm asking because I've got a fairly good ratio of hits for picking the stock, it's just knowing what sort of price I should be aiming for rather than guessing or spooking out, jumping out too early and leaving cassh on the table.

I'm using a mix of price action, T-line trigger, bollinger bands, stochastics and volume. It's a learning process and, I guess, at the craziest time to try and do something like this with Brexit and Trump creating major uncertainty.

Once agin, thanks for the link.
Hottentot
Posts: 6,005
Off Topic
Opinion:No Opinion
Price:228.55
Re : OT ---target prices , how?
Thu 12:31
Are you asking for calculations based on Fundamental Analysis or Technical Analysis ?
Because they are very different depending on which " camp" you favour sleeping in !!
Below is a link to a good example of using Fundamentals .
Most Fundamental target levels basically use the same indicators .

https://www.zacks.com/commentary/29868/what39s-your-stock39s-price-target

Using Technical Analysis to calculate Share Price Targets , as you have found out i suspect , is a ot more subjective & basically depends on which of the hundreds of technical analysis " methods" you personally subscribe to !! .----

Hope that has helped in a small way ?

GL in your research ---
boonie
Posts: 649
Off Topic
Opinion:No Opinion
Price:227.60
Barclays Africa
Wed 20:29
Hurdles slow Barclays sale of Africa division
Pretoria News1 Dec 2016Renee Bonorchis
BARCLAYS sold the first slice of its controlling stake in Barclays Africa Group just two months after chief executive Jes Staley laid out his strategy to boost capital.
Here is why the bank’s next move has taken much longer and some key issues the 365-year-old lender must overcome to speed up its two- to three-year time frame for the sell down:
How difficult is it to sell the stake?
Project teams are working late nights at Barclays Africa to make sure every detail is taken into account, according to the Johannesburg-based lender.
The SA Reserve Bank must ensure Barclays’ withdrawal doesn’t endanger stability across the continent, put the rand at risk or upset transactions for Barclays Africa’s 12.5 million customers.
Also at stake is the future of 41 250 employees at the company formerly known as Absa Group, more than 70 percent of whom are in South Africa.
What’s happening inside the banks?
The banks are negotiating a transitional services agreement to deconsolidate Barclays Africa, according to Staley.
They are also figuring out how to change reporting lines within teams; maintain global distribution for investment banking clients; which customers should get transferred to different units; how many staff are needed and where; how to change Barclays-linked e-mail addresses; how to deal with software licences; and who will do dollar-based trading for clients across Africa.
What has the uncertainty done to Barclays Africa?
Barclays Africa is the worst-performing lender on the six-member FTSE/JSE Africa banks index this year, having gained 12 percent compared with the average increase of 24 percent, with investors concerned about shares that still have to be sold on the market. The stock is trading at a 12-month dividend yield of 6.3 percent, the highest in the index.
What happens to Barclays Africa’s name?
After more than 100 years in Africa, there is a real chance that the name Barclays may disappear from the continent.
“Decisions on brand are being carefully considered and will be implemented over time once they have been taken,” Barclays Africa said in an e-mailed response to questions.
Absa kept its branding and red colours even after the purchase by Barclays in 2005, while the turquoise colours of Barclays was retained in the other African units.
What do Barclays’ holdings look like now?
The UK bank owns 50.1 percent of the South African lender, a stake which is valued at about R68 billion.
It sold about 12 percent through an accelerated book build in May for R13.1bn, where demand exceeded supply.
Who might be interested in a stake in Barclays Africa?
Dubai-based Abraaj Group and US private equity firm Carlyle Group were initially interested in a stake along with Bob Diamond’s Atlas Merchant Capital, but withdrew after regulators made it clear it didn’t want Barclays Africa




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