Time to Bank with Barclays
- December, 2014
- admin
- News, Stories
- 0 Comments
Barclays held its hands up (eventually!) and accepted all fines aimed their way regarding various rigging and unethical activities says Thomas Richardson at www.mbcapital.co.uk . These departments however are becoming an increasingly smaller part of a retail high street bank with a strong balance sheet. With this in mind we believe the worst is out there and now behind them giving investors the opportunity to pick the shares up at a year low. Short term investors can put a tight stop loss just under the recent low and cut the position if it breaks this. We’d like to see an initial 10% upside on the position before we enter the New Year and believe we could get the momentum to achieve our target price of 250.
The Author