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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 214.25
Bid: 214.25
Ask: 214.30
Change: -0.75 (-0.35%)
Spread: 0.05 (0.023%)
Open: 216.30
High: 216.65
Low: 211.85
Prev. Close: 215.00
BARC Live PriceLast checked at -

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Broker tips: Barclays, Insurers, Capco

Mon, 02nd Jul 2012 12:18

Investec has reiterated its 'buy' rating and 240p target price for UK lender Barclays, saying that investors should take full advantage of the stock's recent underperformance.Analyst Ian Gordon from Investec said: "As things stand it is unclear whether Barclays 'successfully' manipulated LIBOR rates at all, and to the extent that LIBOR rates were manipulated, all available evidence suggests that culpability will be shared, and the scale of 'achieved' manipulation comparatively modest."Investec also said that it expects more radical action to address a "bloated" Barclays Capital (BarCap) cost base to get closer to the group's "unrealistic" return on equity aspirations: "This would help to underpin underlying operational performance."As part of its review of the Lloyds of London insurance market, Jefferies said: "Although forecasts are for a relatively quiet hurricane season this year, the recent strong performance of the London Market insurers warrants some caution. With capital plentiful and deductibles intact, losses are likely to hurt book values without benefiting rates."It said that this caution over the sector performance through hurricane season is not enough to change its views on Lancashire Holdings or Hiscox, which are both rated as 'buys'. As for Catlin, the shares are now close to Jefferies's price target of 470p so the broker cuts its rating from 'buy' to 'hold', "also noting higher end US windstorm exposure and a broadly untouched reinsurance deductible".Credit Suisse has downgraded its recommendation for London property specialist Capital and Counties Properties (Capco) by two notches, from 'outperform' to 'underperform', after the stock's strong share price performance in the year-to-date."Despite being potentially one or so months away from a possible 'green light' on the material Earls Court and West Kensington Opportunity Area (ECWKO) planning application, we believe based on our valuation that the share price is now fully up with events and downgrade to 'underperform' as the risk to return bias fully supports profit taking at the current valuation."BC
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12 Oct 2023 11:51

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11 Oct 2023 09:17

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26 Sep 2023 16:54

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26 Sep 2023 16:47

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26 Sep 2023 09:23

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(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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22 Sep 2023 09:33

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18 Sep 2023 21:51

IN BRIEF: Vanquis confirms Estlin as chair after regulatory approval

Vanquis Banking Group PLC - Bradford, England-based lender - Confirms Peter Estlin as chair, effective last week Friday, following regulatory approval. He replaces Patrick Snowball. Estlin worked as acting chief financial officer for Barclays PLC and served as Lord Mayor of the City of London in 2018/19.

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12 Sep 2023 13:47

Barclays to cut more than 450 jobs, says Unite

(Sharecast News) - Barclays is cutting more than 450 jobs, the Unite union announced on Tuesday.

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8 Sep 2023 15:45

UK dividends calendar - next 7 days

Monday 11 September 
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ThomasLloyd Energy Impact Trust PLCdividend payment date
Tuesday 12 September 
Ashtead Group PLCdividend payment date
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Wednesday 13 September 
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Franchise Brands PLCdividend payment date
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Thursday 14 September 
abrdn Japan Investment Trust PLCex-dividend payment date
Alfa Financial Software Holdings PLCspecial ex-dividend payment date
Apax Global Alpha Ltdex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Camellia PLCex-dividend payment date
Dalata Hotel Group PLCex-dividend payment date
Energean PLCex-dividend payment date
Franchise Brands PLCex-dividend payment date
Fresnillo PLCdividend payment date
Goodwin PLCex-dividend payment date
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Intertek Group PLCex-dividend payment date
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TT Electronics PLCex-dividend payment date
Unite Group PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Friday 15 September 
4imprint Group PLCdividend payment date
Baillie Gifford European Growth Trust PLCspecial dividend payment date
Baillie Gifford UK Growth Trust PLCdividend payment date
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Brunner Investment Trust PLCdividend payment date
Clarkson PLCdividend payment date
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Informa PLCdividend payment date
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7 Sep 2023 09:45

LONDON BROKER RATINGS: RBC ups ConvaTec; Peel Hunt cuts Harbour Energy

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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SoftBank's Arm aims for over $52 bln valuation in biggest US IPO of the year

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