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.

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.

yes, analysts and brokers will be changing to positive.....as many shorted the hell out of them.....now its such silly low prices, oh look lets say they are low prices now to silly public and the lemmings will buy. morgan stanley, goldman sachs etc are all corrupt

Possibly true scotinvestor - so now could be the time to go long.
From a value point of view most would have to rate Barclay's a buy and with a high divi yield most of the public will feel it's a safe bet at these levels.

With the shares turning upwards and all this good press you have to ride with it.

what good press....its all doom and gloom.....crashing stock market, high fuel prices, high food prices, tumbling house prices, high mortgages, crime soaring......wheres the good news?

I mean Barclay's specific - broker upgrades, high divi, price depressed, secured fund raising etc. Investor's will jump on board.

little man aka scotinvestor ..... so eat my very soiled undies! ..... buying at 327 may have been a little premature, but now currently comfortably in the money ..... i have already set my exit price, so shall not be (too) tempted to get too greedy

its 330p u moron....so what profit by time u pay commission twice for buying and selling plus stamp duty.....plus nicking of quarter or half pence for buying and selling.

oh yeah thats right, u bought 5 million shares i forgot!

dont make me sick talking about u shiiting in your pants u sub-human vermon.

you really have such a limited vocabulary, seemingly in direct disproportion to your crassness, bigotry, egotistical conceit and limited brainpower - or at least the sensible use thereof.

as i bought BARC at 327, 330 sees me in the money, (more so earlier in the day) bearing in mind that CFDs carry neither stamp nor commision other than what is included in the spread - but of course you knew all that ..... by the way, i bought 7,000 in total

did u sell yesterday at 330p.........as its tumbling now cynic....u'll need to claim more benefit money, lol

hurry up, its dropped another 7p since i typed.........u'll be giving blowjobs tonight in your area to get your money back, lol