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Added to YB: 2025-03-17

Pitch date: 2024-12-31

BCS [bullish]

Barclays PLC

+85.76%

current return

Author Info

No bio for this author

Company Info

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

Market Cap

GBP 57.2B

Pitch Price

GBP 12.83

Price Target

N/A

Dividend

2.06%

EV/EBITDA

N/A

P/E

10.27

EV/Sales

N/A

Sector

Banks

Category

N/A

Show full summary:
Ariel Global Fund New Position: Barclays PLC

BCS (new position): Global bank expected to benefit from capital markets recovery, NII growth via macro hedging & asset flows. Expanding advisory biz, US credit card unit offers sale/recovery potential. Targeting £13B shareholder returns 2024-26, 12% ROTE. Reasonable path to meet return goals.

Read full article (1 min)