Barclays Share Discussion Threads

[dr biotech] 22/1/2017 08:20

What an unpleasant man you are. I had hoped you had left this thread for good, but I knew you were not a man of your word.

[bernie37] 21/1/2017 18:14

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 very much not about 2017 itself, but about setting the bank up for the years that follow. And I like that kind of long-term thinking.

[bernie37] 21/1/2017 18:03

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.

[diku] 20/1/2017 19:55

Would prefer it goes to 260p first then a reverse to 210p or 182p don't mind...

[bernie37] 20/1/2017 16:53

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 ‘Reiterates217; with the recommendation being set at ‘OUTPERFORM217; 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.

[diku] 20/1/2017 16:01

porty power...

[bernie37] 20/1/2017 15:47

Your very positive portside.hope your positive works into the share price

[portside1] 20/1/2017 15:26

off to the party going to be a great night

[portside1] 20/1/2017 15:25

40% up side is a cert

[portside1] 20/1/2017 15:18

the final is 2p the year is 3p for this year

tug got your e mail from Singapore ring me sunday night

[bernie37] 20/1/2017 14:49

Look forward to the increase in the dividend? 3p gives me £5473.And the rise in the share price my average share price 245

[jotoha2] 20/1/2017 14:49

Cannacord has 40% downside on all financial stocks as of today , wow , what do they know.

[portside1] 20/1/2017 13:57

all top investors are hol today for the great day have my champers and cheese going to be a great night decorations up at the club

[portside1] 20/1/2017 13:43

very happy with all my barc shares div of 3p gives me a small div 2850 but will double from this year and more after that

[portside1] 20/1/2017 13:41

TODAY IS CELERBRATION DAY FOR THE WEST . the world will be a safer place after the liar barmy is no more a man who hates the west and a isis support

[portside1] 20/1/2017 13:39

rest assured barcs is fine over 350 by year end Tesco will be around 220p end of april buy them low under 198p is ok CNA FOR DIVS AND A GOOD RISE

BARCS WILL BE THE TOP DOG THIS YEAR AND NEXT

[chris coxon] 20/1/2017 13:29

I hope those requests for porty's comment are tongue in cheek.

[astol] 20/1/2017 11:45

And Porty what's happening to Tesco ?now below £2

[luisfrg] 20/1/2017 10:59

Portside wheres todays rise?

[johnwise] 20/1/2017 07:40

BRITAIN was handed a major Brexit boost today as banking giant Santander insisted it is "totally committed" to keeping its operations in the UK after the country leaves the European Union.

[diku] 19/1/2017 18:31

porty...will you now be going on holiday to USA & not Lanzarote?...

[portside1] 19/1/2017 18:02

trump as put eu leaders in panic . 11 countries want to sign a no tariff deal with the uk .

4 eu countries to break racks after brexit , the eu will crumble if they do not wake up to doing a good deal or risk break up of he eu within 3 years

stop buying any eu goods make them sweat Italy spain france avoid their wine and chesse buy from other countries like ours in the uk or American aussie a;ll better than the eu wines

[johnwise] 19/1/2017 17:20

Donald Needs To Start With Obama Executive Order #13489, Day One!

[portside1] 19/1/2017 16:57

big day tomorrow TRUMP THE FRIEND OF THE WEST UNLIKE THE BARMY BRITISH HATER

get the champers out my dear we are going to celebrate our hero