Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. Company operates in over 60 countries and employs over 78,000 people.

            Red = 25 day moving average.           Green = 200 day moving average.

I agree 250p is acert.

barclays is a pish bank too

nearing 300p now

I agree they are the Kwiksave of banks if that is possible.

Current analyst consensus is 'hold' with a target of 424p, issued today.

big deal.......yell had broker forecast at 350p in march...its now 81p!

analyst.....who are they? name and shame them......probably some corrupt git anyway

talking of corruption, barclays has been pointed a fair bit for several years of that too! plus qatari news yesterday doesnt help

if it goes to 2, i might be tempted to buy though

'some corrupt git' !!!! We are talking about England's sharpest, analytical financial minds! :o)
Interesting that their target on the 18th was 300p, which presumably means that they see 300p as being a solid support level.

.

englands sharpest mind, lol.......that shouldnt take much these days such has been the freefall demise of that once respected nation. more than 5 million brits now live abroad and i bet they r the better ones.

and u still aint mentioned his name.....or shown that he aint corrupt.

The 300p was by Dresdner Kleinwort on the 18 Jun '08.
424p was a consensus of 25 analysts on Selftrade, 23rd Jun '08, comprising 6 buy, 2 o/w, 11 hold, 2 u/w, 4 sell. No names I'm afraid. Perhaps they weren't confident enough to be identified!

cheers harry

well i bought a share this year where goldman sachs, citi, panmure gordon all gave buys over the course of 6 months.......and sp has tanked a fair bit....ok, market is poor....but it goes to show that even as huge companies, they get it totally wrong.

always better to do your own research rather than buying shares cos of broker tip or reading shares mag etc

i think 400p will be a very long wait with barc....and state of market

Bought@306 held up ok.

Barclays share issue looks very good+divi.

They are flying!!!

"Commenting on trading, CEO John Varley said: 'We draw strength from the continued resilience of our trading performance, with profits in May well ahead of the monthly run rate of last year. Accordingly, we intend to maintain our interim dividend for 2008 at the prior year level of 11.5p in cash and our dividend policy remains unchanged."
Softens the blow of a paper loss at the moment.

i do notice that bank people....oh ok, ceos.....use language similar to politicians......a lot of bank staff are using resilience.....challenging markets etc.....its like mr. brown saying prudence and stability.

good luck today anyway harry.....its a nightmare this summer in stockmarket

if the new shares were only bought at 282 & 296 and with little good news out there why would anyone want to buy the shares at the current price regardless of their statement and retenion of divi. All of the Banks have proven that there their statements have been false and that they don't have the vision to deal with "bad" times and only wantto line their pockets with fat bonuses when things are looking up.
I think it will be best to decide which banks are worth investing after their mid year statements,LLOY's arre probably the safest of them all.

Analysts and brokers now starting to be more positive on the banks which should help push up prices.
Barclay's always' been a sector favourite - The rights issue very well timed.
4.00 here we come?

There seems to be some confusion over their share issue. This is not a rights issue they are inviting certain new and existing shareholders to buy shares at a fixed price thus avoiding the uncertainty of a rights issue which would be vulnerable to market fluctuations as we have seen with BB. RBOS and HBOS.