Barclays Share Discussion Threads

[dontbuuy] 10/1/2017 14:56

The result of JMP will give a good indication whether the banking sector should take a pause or carry on bullish

Time to be on the sideline

D b

[bernie37] 10/1/2017 09:29

Mj19. I posted this article on the 6th Jan 120425.

[mj19] 09/1/2017 21:39

Barclays plc: what to expect in 2017Barclays signCould 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 outThat 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 boostAs 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.Can Barclays help you make a million?Investing in shares like Barclays for the long term really is the best route that most of us can take to achieve millionaire status. To find out more, check out the Fool's 10 Steps To Making A Million In The Market report, which takes you through all you need to know, in simple steps.

[astol] 09/1/2017 16:02

Yes Bernie because they earn dollars and convert to pounds on the books this I recall was why it was positive when Barclays last reported as after Brexit the pound was in free fall

[bernie37] 09/1/2017 15:15

Question, Is a strong dollar good for Barclays share price.?

[astol] 09/1/2017 14:21

The share price reversal this morning looks a real tree shaker.No doubt they will turn blue in the coming days?I bet Deutsche took out a short circa 240p to pay towards their fines haha!!!

[clond] 09/1/2017 12:30

Just felt the info wasn't ideal to newbie posters suggesting something that wasn't substantiated by a following fact or news snippet. My apologies if this has caused you distress.

[diku] 09/1/2017 11:39

You have difficulty/understanding my post...suggest you read it again...you started attacking my post...so respect or don't read...

[astol] 09/1/2017 11:39

So I see the froth this morning has now turned negative with the share price down 1 p this morning +4p.

[clond] 09/1/2017 10:57

respect other views or maybe you just have a tunnel visieon!.. works both ways ☺

[johnwise] 09/1/2017 09:06

Deutsche Bank upgrades Barclays, says well placed for 2017 earnings growth

Deutsche Bank upgraded Barclays to 'buy' from 'hold' and lifted the price target to 270p, saying the company is well placed for 2017.

[diku] 08/1/2017 21:03

It would not be one Bank but a consortium of 2 or 3 banks...US bank would only be interested in the US/Investment parts...

[cathoad] 08/1/2017 20:14

Thanks for your thoughts bernie37 and Mercer95. This is more complicated than I initially thought!

[terminated] 08/1/2017 19:39

Unlikely to happen simply because banks are trying to strengthen their balance sheet not take on more debt to purchase more assets. Besides a US bank purchasing Barclays would probably encounter Monopoly and mergers issues. Very unlikely IMO.

[diku] 08/1/2017 10:12

Mergers & acquisitions tend to happen during highs not lows...those US banks are currently on rich paper...respect other views or maybe you just have a tunnel vision!..

[clond] 08/1/2017 09:15

Diku please give up this merger or acquisition tosh as it is not going to happen. That was at the 140p range.

[astol] 07/1/2017 19:52

Sold last Friday doubled my money in 6 weeks.Taking a back seat now but will continue watching the progress of the sp

[bernie37] 07/1/2017 18:57

Anything possible

[diku] 07/1/2017 18:20

In an ideal situation over any 12 month period Barc has the potential to move 100p in either direction...so if results meet or exceed expectations and all being well with Bexit or other factors then don't rule out 320p - 330p over 2017...there is also an outside chance of a bid/merger with a US bank...

[bernie37] 07/1/2017 17:15

That would be nice.

[diku] 07/1/2017 16:36

So sell in August at 329.99p or November at 349.24p?....

[bernie37] 07/1/2017 16:10

Barclays share price forecast by month.

Year Month Open Max Мin Close Aver ChgMon,% TotalChg,%
2017 January 219.05 267.32 210.50 246.56 235.86 12.56% 12.56%
2017 February 246.56 266.16 246.56 258.41 254.42 4.81% 17.97%
2017 March 258.41 284.80 258.41 276.50 269.53 7.00% 26.23%
2017 April 276.50 304.74 276.50 295.86 288.40 7.00% 35.07%
2017 May 295.86 296.87 279.57 288.22 290.13 -2.58% 31.58%
2017 June 288.22 317.65 288.22 308.40 300.62 7.00% 40.79%
2017 July 308.40 339.89 308.40 329.99 321.67 7.00% 50.65%
2017 August 329.99 329.99 297.68 306.89 316.14 -7.00% 40.10%
2017 September 306.89 336.18 306.89 326.39 319.09 6.35% 49.00%
2017 October 326.39 359.72 326.39 349.24 340.44 7.00% 59.43%
2017 November 349.24 349.24 315.05 324.79 334.58 -7.00% 48.27%
2017 December 324.79 324.79 292.99 302.05 311.16 -7.00% 37.89%
2018 January 302.05 302.05 272.48 280.91 289.37 -7.00% 28.24%
2018 February 280.91 283.77 267.24 275.50 276.86 -1.93% 25.77%
2018 March 275.50 275.50 257.10 265.05 268.29 -3.79% 21.00%
2018 April 265.05 265.05 244.30 251.86 256.57 -4.98% 14.98%
2018 May 251.86 251.86 228.13 235.19 241.76 -6.62% 7.37%
2018 June 235.19 235.19 212.17 218.73 225.32 -7.00% -0.15%
2018 July 218.73 241.06 218.73 234.04 228.14 7.00% 6.84%
2018 August 234.04 234.04 219.04 225.81 228.23 -3.52% 3.09%
2018 September 225.81 245.97 225.81 238.81 234.10 5.76% 9.02%
2018 October 238.81 258.85 238.81 251.31 246.95 5.23% 14.73%
2018 November 251.31 251.31 230.20 237.32 242.54 -5.57% 8.34%
2018 December 237.32 261.55 237.32 253.93 247.53 7.00% 15.92%
2019 January 253.93 253.93 236.85 244.18 247.22 -3.84% 11.47%