Barclays Share Discussion Threads

[davew28] 19/7/2015 10:09

Barclays and Lloyds will also report interim results this month.

Barclays’ new executive chairman, John McFarlane, is expected to take a key role in presenting interim results as he looks to stamp his mark on the bank. He took over on Friday and will have been in place for just over a week when the bank unveils its numbers.

McFarlane has taken over after the board axed Antony Jenkins, a retail banker by background, who was not thought up to the job of overhauling the bank’s investment banking division.

Analysts at investment bank Morgan Stanley expect Barclays to reveal profits of £1.7 billion.

Both Barclays and Lloyds are expected to top up provisions they have made for the misselling of payment protection insurance, amid further evidence that claims are refusing to die down. Morgan Stanley analysts expect the figure to rise by £1 billion at Lloyds.

[champian] 18/7/2015 11:45

Summer432,are you spokesman for spread Betting magazine?

[johnwise] 18/7/2015 09:42

"Banks don't need depositors any more they are just work and cost to the banks, they have the central banks to print all the money they need and at zero percent, so why do they need customers, looking after your micky mouse accounts is not worth it now they cant charge insurance that never pays out or stuff like that"

Barclays to close expats' bank accounts – unless they deposit £100,000
Expats in certain countries will need £100,000 in their accounts to avoid being sacked by their bank

[mike740] 17/7/2015 16:14

17
JUL
2015
Barclays PLC 10.7% Potential Upside Indicated by Citigroup
BY AMILIA STONE BROKER RATINGS

Barclays PLC with EPIC LON:BARC had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Barclays PLC are listed in the Financials sector within UK Main Market. Citigroup have set their target price at 310 GBX on its stock. This would imply the analyst believes there is a potential upside of 10.7% from today’s opening price of 279.95 GBX. Barclays PLC LON:BARC has a 50 day moving average of 268.84 GBX and a 200 day moving average of 252.37 GBX. The 1 year high share price is 280.45 GBX while the year low share price is currently 204.05 GBX.

[evianone] 17/7/2015 14:52

any views on this RNS : IN THE KNOW: Investec Anticipates Depressed Earnings For Barclays

[cmillar] 17/7/2015 11:40

Regards doubling share price

A lot has to do with Market sentiment. Current earnings would justify a share price 50% higher than we are now so doubling in 3 years is not really that tough assuming that we have market sentiment on our side.

With Regulatory fines likely to diminish somewhat over that period and Mak's reputation I think it is very likely we will have.

[astol] 17/7/2015 10:38

smurfy2001-I second your sentiment above.

[mike740] 17/7/2015 09:05

17 Jul 2015 Barclays PLC BARC Citigroup Buy 280.00 280.00 310.00 310.00 Reiterates

SP target 310p.

[smurfy2001] 17/7/2015 08:59

Ever the optimist John

[johnwise] 17/7/2015 08:57

Tune in again next week for the next exciting instalment of this saga. Missed an episode? Don't worry, it will continue in much the same way for several years. Watch as Greece continues to be unable to, or refuses, to pay any debt, and see Europe continue to give Greece even more, in a desperate attempt to shore up a crumbling Euro.

[astol] 17/7/2015 08:46

sp taking a breather today-after stellar performance this week-we will see how the ECB vote goes re Greece-but cant see any reason that the vote will confirm the bailout-it would be preferable if they could agree a haircut and write off some of the debt because its a very tall order for the Greeks to get to grips with the amount of debt they have.

[johnwise] 17/7/2015 07:17

Barclays to pay $1.1m fine for US data reporting errors

Failed to update IT systems.

Wall Street's self-funded watchdog fined UK bank Barclays US$800,000 (A$1.1 million) for violations related to how the bank reported stock trades over more than two years, which hampered the regulator's ability to properly monitor the market.
MORE

[mbmiah] 16/7/2015 22:43

I think the Knife must say something worthwhile on the 29th, ie some kind of road map scenario. It's easy to say the share price will double or triple - how and why need to be looked at.

[moneymaker80] 16/7/2015 21:54

Barclays staff barred from having 2nd jobs??

[astol] 16/7/2015 19:36

Portside-don't agree with your comments- McFarlane ousted Jenkins and Rake just staying until a new CEO is found- and he has stated is committed to doubling the share price.
When he McFarlane joined he was obviously observing and now is making his mark-the results 29 July and fwd looking statement/strategy should realise a 300p share price by September- we will see- that's my opinion

[portside1] 16/7/2015 16:21

Barclays employees barred from having second jobs double standards with directors

[portside1] 16/7/2015 16:19

no have posted for a long time Jenkins was useless and must go .
has for mc farlane he as not said or done anything yet .
but looking now to add and see a movement up to 400p over the next 12 months

[dr biotech] 16/7/2015 16:09

You like McFarlane now then Porty? Not long back you kept repeating the line that the woman on CNBC said he was useless. I hope you are not basing your opinion of him in the short term movements of the share price

[portside1] 16/7/2015 15:49

mc farlane . has taken the foot of the brake it was stuck solid a little bit of oil as done the trick

[portside1] 16/7/2015 15:47

since mc farlane took the helm investment bank trading a lot more

[astol] 16/7/2015 09:07

triktrak-good article tks
mike 740- chart explains the bullishness- a picture paints a thousand words

[astol] 16/7/2015 08:59

some big buy trades went in yesterday and today so far-no one wants to miss the rise-maybe you think I am ramping-no just see great upside even from here.
as the expression goes:

'LET THE TREND BE YOUR FRIEND'

[astol] 16/7/2015 08:55

smurfy2001-Looking great!!!hehe!!

[smurfy2001] 16/7/2015 08:49

Astol - looking good :)