Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on BARCLAYS PLC. We currently have 3 research reports from 1 professional analysts.
|17Feb17 13:30||RNS||Barclays US LLC FRY-9C filing|
|14Feb17 15:00||RNS||Director/PDMR Shareholding|
|01Feb17 10:00||RNS||Total Voting Rights|
|25Jan17 14:30||RNS||Holding(s) in Company|
|20Jan17 12:30||RNS||Block listing Interim Review|
|13Jan17 16:05||RNS||Publication of a Prospectus|
|03Jan17 12:00||RNS||Total Voting Rights|
Frequency of research reports
Research reports on
One-off coverage increase on UK and US credit card portfolios
27 Oct 16
The reported quarterly performance was impacted by a one-off provision charge on UK and US credit card portfolios. The additional PPI-related provision was offset by the gain on the sale of Barclays Analytics and Index Solutions. The core division has continued to enjoy good revenue momentum and efficiency gains while the run-off of the non-core division has remained on track with the objective to close it in 2017.
Chosen final destination; ticket price uncertain
30 Mar 16
The group’s refocusing on the UK and the US has been strengthened further with the enlargement of the non-core assets to be divested and the decision to deconsolidate Africa. The investment bank still has room to improve its profitability further through ongoing efficiency gains and better capital usage. The visibility on the residual value adjustments required to run-down non-core assets has increased. The uncertainty surrounding future litigation charges now mostly concerns the settlement of the US RMBS inquiry. The temporary dividend cut decision seems to be partly motivated by pending extra management actions to reduce both operating and funding costs to bolster future profitability potential.
Don’t mess with IBK
09 Jul 15
Anthony Jenkins was fired on Wednesday after three years as CEO. The market reaction speaks for itself: the share price was up by 4% intraday before closing up 2%. According to the FT, Jenkins’ removal could result from a conflict with Tom King, the head of the IBK division. John McFarlane, the bank’s Chairman, will be the interim CEO until a new CEO is found, maybe the CFO.
21 Feb 17
Lighthouse Group* (LGT): Middle Britain growth (CORP) | Utilitywise* (UTW): Double-digit sales growth (CORP) | Trakm8* (TRAK): Earnings expectations cut again (CORP) | dotDigital* (DOTC): Myriad growth opportunities (CORP) | Artilium* (ARTA): Five-year Telenet deal secured and prepaid (CORP) | Netcall* (NET): Cloud investment pays off (CORP)
Small Cap Breakfast
16 Feb 17
Saffron Energy—Schedule One update. Raising £2.5m, expected Mkt Cap £7.7m. Admission due 24 Feb. Italian Oil & Gas Play Guinness Oil & Gas Exploration—Publication of prospectus. Seeking to raise £50m and invest in 15 exploration companies at launch, with plans to grow the portfolio to 30 positions during its lifetime. Issue closing 23 Feb. Arix Bioscience — Intention to float on the main market from the global healthcare and life science Company supporting medical innovation. Raised £52m in Feb 16 with investors including Woodford Investment Management
Industry fundamentals remain positive
21 Feb 17
The Biotech Growth Trust (BIOG) is a specialist vehicle, aiming to generate long-term capital growth via investment in global biotech stocks. Following a particularly volatile period for the biotech industry, where concerns about drug pricing and investor risk aversion have weighed heavily on stock prices, the managers are hopeful that greater clarity regarding US healthcare policy will lead to continued improved performance of biotech stocks. Industry fundamentals remain attractive, including continued innovation and valuations are very supportive, which offers the potential for higher industry merger and acquisition activity.
13 Feb 17
Surface Transforms* (SCE): H1 results confirm operational progress (CORP) | Premaitha Health* (NIPT): European diagnostics partnership (CORP) | Lok'nStore* (LOK): Filling existing stores, developing new ones (CORP) | Victoria* (VCP): Entry into the European flooring market (CORP) | eg solutions* (EGS): Exceptional H2 performance (CORP)
Share & share alike
14 Feb 17
The rally in the last fortnight, highlighted in the table, reflects a continued flow of positive updates and economic news. The FTSE 250, Small cap and Fledgling indices have reached record highs. We are in the lull ahead of results for those companies with a December year end, a welter of economic data regarding the UK economy, the State of the Union address in the US on 28 February and the UK Budget on Wednesday 8 March. We will learn at that stage the latest forecasts from the Office of Budget Responsibility. As highlighted previously, the reaction to corporate updates will continue to set the tone.
Middle Britain growth
21 Feb 17
The Company has achieved our 2017 estimate in 2016 with EBITDA of £2.2m, up 37% on 2015. We upgrade our estimates by 10% at the EBITDA level in 2017. If the shares traded even at the lower end of comparators, they would trade at 17p. We expect the share price to reach our upgraded 17p price target in the short term. Few companies enjoy the unique positioning which Lighthouse has to benefit from the assets of Middle Britain.