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Https://www.investingcube.com/barclays-share-price-targets-158p-after-a-strong-rebound/
Barclays Share Price Targets 158p After A Strong Rebound
Https://www.ii.co.uk/analysis-commentary/reversal-signals-barclays-remain-worry-ii529043
'Thankfully, we can also produce a converse scenario, now possible due to the care paid to our 143p trigger level. It’s possible the market simply doesn’t want Barclays' share price to go down, and early “proof” of such an attitude will come should the share exceed 155p, as this should now trigger price recovery to an initial 160p.
Our longer-term secondary, if such a level is bettered, works out at 168p and a movement which could prove game changing for the future. In the event the share price closes above the level of a prior high at 164.5p, it nullifies our expectations for reversal, instead sowing the seeds of distant growth to the 200p level.
But for now, the plethora of reversal signals remains a distinct worry'
Https://www.ii.co.uk/analysis-commentary/what-next-barclays-shares-ii528861
'Our alternate scenario, due to our dislike of the traffic jam of negative signals, suggests movement next above just 149p should propel the share up to an initial 157p with secondary, if bettered, at a game-changing 166p, taking the price into a region where strong future price recovery can be expected'.
....157p is the next target level
Https://www.sharecast.com/news/broker-recommendations/uk-banking-stocks-are-undervalued-says-shore-capital--14423320.html
.....Broker Recommendations statement.
Technical analysis on share price:
https://www.ii.co.uk/analysis-commentary/what-next-barclays-shares-ii528861
-> earnings of $14.5 billion that were up 67% from the same period a year ago. Its revenue of $41 billion was up 34%
...higher than expected results, earnings far exceeding last year....yet share price is only up 0.5% today. Would anyone know why the share price is not a slid 4-5% on these results.
....This doesn't bode too well for what will happen to barclays share price on results day.
Https://www.proactiveinvestors.co.uk/companies/news/1018392/barclays-to-step-up-share-buybacks-if-board-wants-to-address-weak-shares-1018392.html
.......to date not seen any benefits from a buyback, but if this article is anything to go by, looks like more buybacks are on the horizon instead of dividends.
Https://www.ii.co.uk/analysis-commentary/trend-line-barclays-shares-must-break-ii528179
Slow and Steady fall...insiders selling too:
https://www.ii.co.uk/news/in-brief-barclays-bank-uk-ceo-sells-gbp860000-in-barclays-shares-al1685519513066958000
Barclays PLC - London-based bank - Matt Hammerstein, chief executive officer of Barclays Bank UK, sells 553,578 shares at GBP1.56, worth GBP862,530, on Friday last week.
https://www.ii.co.uk/analysis-commentary/stockwatch-which-uk-bank-shares-should-be-your-isa-ii527087
Barclays boss lands £5.2m pay jackpot: Venkat pockets highest earnings for a decade despite fall in profits
https://www.thisismoney.co.uk/money/markets/article-11755691/Barclays-boss-Venkat-lands-5-2m-pay-jackpot-despite-fall-profits.html
...rather unbelievable, to the point its a joke.
https://seekingalpha.com/article/4567218-barclays-strong-fundamentals-growing-dividend
In-depth article on Barclays for 2023
https://www.ii.co.uk/analysis-commentary/should-you-still-be-optimistic-about-barclays-shares-ii526352
Article with some analysis on support nd resistance levels.
https://www.cityam.com/barclays-slapped-with-8-4m-fine-over-card-payment-failings/
....not material financially, but none the less another failing of Barclays Management Team.
https://www.ii.co.uk/analysis-commentary/are-barclays-shares-safe-above-uptrend-ii526127
'By a spiteful 0.22p, the price did exceed our initial target, creating a situation where above 160.22p should provoke an initial 169p with our longer term secondary, should this level be exceeded, now calculating at 187p'.
Anyone else had the same expectation as myself, that following a strong set of results this morning, the share price would at the very least react more positively (to a minimum at least remain green), especially as it beat both expectations and Q3 of last year.
https://www.ii.co.uk/analysis-commentary/are-barclays-shares-being-pulled-toward-150p-ii525410
A Read from II
I understand the reason for the drop being due to the following:
https://www.bnnbloomberg.ca/uk-looks-at-qe-change-to-avert-10-billion-payout-to-banks-1.1821646