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Home / Special Reports / Barclays: Buy or Sell?

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

31 March 2016

Barclays: Buy or Sell?

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**Shares trading at 4-year lows this afternoon**

  • Banking sector still highly depressed
  • Eurozone and US interest rates set to remain low for longer
  • Barclays shares maintain a 4% dividend yield – is this now at risk?
  • Broker consensus target of 220p, implying 46% upside from current levels
  • Broker 12-Month Consensus: 61% Buy, 36% Hold, 3% Sell (full breakdown on request; Bloomberg)
  • CFDs tradeable with just a 5% margin

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_column_text]Technical Observations – Bullish

  • 4-yr lows holding firm so far
  • Stochastics oversold, turned up to cross signal line

[/vc_column_text][/vc_column][vc_column width="1/2"][vc_column_text]Technical Observations - Bearish

  • Shares testing 4-yr lows a second time
  • Daily RSI broke beneath rising lows
  • Volume in decline
  • Potential bearish flag could take price sub-£1

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Graph: 5-year (weekly)

Barclays PLC (-)[/vc_column_text][vc_column_text]

Consensus Target: 219p

Most Bullish: 295p

Most Bearish: 152p

Stock description

Barclays PLC is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. (UK 100 )

 **Source: Company Press releases, Bloomberg.com

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Share       1wk           1m            3m            1yr            2yr            3yr           4yr            5yr

Perf %      -3.1         -11.9          -31.3         -38.8        -34.4         -43.6       -30.2             42.1

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