3 reasons why I think the Barclays share price is set to climb Alan Oscroft | Friday, 30th October, 2020 | More on: BARC I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. If you’d invested in Barclays (LSE: BARC) at the start of 2020, you’d be 40% down now, as the banks have been battered by the Covid-19 crisis. The longer term is not much better, with the Barclays share price down 55% in five years. But I think the current short-term market view of the FTSE 100‘s banks is a mistake. I reckon the whole sector, and Barclays in particular, should look a lot better this time next year. Here are three reasons why I’d buy now.Liquidity is as healthy than everThe Barclays share price suggest the bank is struggling. But if it is, it’s not showing in the balance sheet. The Bank of England’s annual stress tests have been suspended for the current year. Who needs to put the banks through simulated stress when they’re in the middle of the real thing, right?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But at Q3 time, things looked just fine to me. Barclays’ CET1 ratio, which is its key stress test measure, had actually improved since before Covid-19 arrived. At 14.6% at 30 September, it’s up on December’s figure of 13.8%.Credit impairment charges did rise to £4.3bn (from £1.4bn a year previously), but the banks seems to have that covered well enough. And we’re looking at a tangible net asset value per share or 275p. That’s approximately 2.6 times the current share price, and up on last year.2021 forecasts are strong and improvingYou might not guess it from the recent Barclays share price performance, but forecasts are pretty upbeat right now. Well, for 2021 at least. In the current year, analysts expect EPS to fall around 60%, which isn’t great. But that would still represent a pre-tax profit of more than £2bn, which I think would be a good result in an allegedly disastrous year for banks.On that alone, a forward P/E of 21 might not make Barclays a screaming buy. But forecasts suggest EPS in 2021 will return very close to 2019 levels, which would drop the P/E to only around nine.I know forecasts are far from certain, especially this year. But analysts have been gradually raising their predictions as the year progresses. The consensus looks convincingly positive to me.Dividend should boost the Barclays share priceThe Prudential Regulation Authority stepped in this year to bring a halt to bank dividends. It’s arguable whether the regulatory body should have interfered in a free market — though the free market did lead to the banking crisis not so long ago. But anyway, whatever else happened, the suspension of 2020 dividends will surely have contributed to the fall in the Barclays share price.Dividends will resume, for sure. The question is when and how much? Again, analysts have a recovery to pre-pandemic levels penciled in for 2021. And, on the current Barclays share price, we’d be looking at a yield of 4.4%. It would be more than 2.5 times covered by earnings too.The 2020 dividend cut will surely have no adverse long-term effect. And I reckon it’s helped provide investors with an even better buying opportunity this year. Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Enter Your Email Address Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. 5 Stocks For Trying To Build Wealth After 50 Click here to claim your free copy of this special investing report now! See all posts by Alan Oscroft
Kane, 21, was chosen as Spurs captain after a week which has also seen him score on his England debut and make his first start for the national team. Kane said: “Yes you could say it has been the best week of my life – to score, to make my first start and score for England, and to be captain today. It has been an unbelievable couple of weeks and one I won’t forget for the rest of my career.” Harry Kane hailed the best week of his life despite his Tottenham side being held to a goalless draw at Burnley. It was a frustrating end to the week however as Burnley dug in to earn a precious point in their relegation battle and Tottenham boss Mauricio Pochettino admitted a top-four place may now be beyond his side – they are seven points off fourth-placed Manchester City with a vastly inferior goal difference. Pochettino said: “It is difficult but we have seven games, we will try. It is true that it is not easy. This game was a very tough game and we need to try to win the most points possible in the next seven games. “The way Burnley play it is difficult, because always there is long balls into the box. They are a very aggressive team and run a lot. It is difficult to find space to play. “We played better in the second half and we made some chances but it was not enough to score. Three weeks ago Manchester City lost here. It is not an excuse but it is a very, very difficult team.” Pochettino confirmed Kyle Walker, who limped off, has a sprain but said it was “not a big issue”. Burnley manager Sean Dyche claimed the Clarets had the better of the match and rued a gilt-edged chance missed by Danny Ings, who shot straight at Michel Vorm when it seemed easier to score. He said: “I think we edged the game, but there was not a lot in it. “We kept the tempo high and kept pressing high. Danny has had a great chance and it was unlike him not to put it away, he almost hit it too cleanly. “Having said that we are pleased to get another clean sheet against a top side.” Dyche picked out Ashley Barnes for special praise but said the whole of his team had performed well against a Spurs side boasting four England players. The Burnley boss also said he was not too concerned by their struggles to find the net – they have only scored once in five games. He added: “I prefer to look at it as two clean sheets in last three games against some fantastic sides.” Burnley skipper Jason Shackell admitted the Clarets need to be more ruthless in front of goal. He said: “I’m a little disappointed. I thought we played well and we had a few chances. We need to be a bit more clinical between now and the end of the season but it’s another point and that’s a point in the right direction. “If Danny had put the ball in the back of the net of course it would have been different but he’s been phenomenal and will get a few more goals for us before the end of the season for sure. “We have said it from the beginning. We’re hard to beat, we’re organised and we’re not an easy game for anyone. We have seven big games to go and we’re looking forward to it.” Sky Sports pundit Paul Merson aimed a dig at Spurs substitute Andros Townsend after the match. The pair have exchanged words on Twitter in recent weeks over the striker’s appearances for England, with former Arsenal man Merson questioning Townsend’s value to the squad before he scored an impressive equaliser against Italy. Merson tweeted: “Just been watching the game @andros_townsend , did you miss the coach? #RubberDub #7minutes” Press Association
Share on: WhatsApp The remaining four rounds are scheduled between August and November 2017 with the group winners qualifying for the 2018 World Cup in Russia.Salah put Egypt ahead with a spot-kick that just avoided the legs of goalkeeper Razak Brimah after Harrison Afful fouled Mahmoud Hassan.A late counterattack caught out Ghana and a couple of square passes set up Saied to turn and score with a low shot into the corner.A Farouk Miya goal on 18 minutes gave bottom seeds Uganda a 1-0 win over Congo in Kampala Saturday. (click here full Cranes story)Standings P W D L F A PtsEgypt 2 2 0 0 4 1 6Uganda 2 1 1 0 1 0 4Ghana 2 0 1 1 0 2 1Congo 2 0 0 2 0 1 0 Johannesburg, South Africa | AFP | Egypt avenged a humiliating World Cup defeat by Ghana three years ago with a 2-0 victory Sunday in a 2018 African Group E qualifier before an 85,000 crowd in Alexandria.Ghana triumphed 6-1 in the first leg of a 2014 World Cup play-off to set up an aggregate victory that prolonged the agony of Egypt, who have not competed at the finals since 1990.Mohamed Salah converted a 43rd-minute penalty amid an electric atmosphere at the Borg El Arab Stadium and Abdallah Saied doubled the lead four minutes from time with a close-range shot.Ghana, seeking to qualify for a fourth consecutive World Cup, dominated second-half possession without finding a way past 43-year-old goalkeeper Essam El Hadary.El Hadary is the lone survivor of the national team of the previous decade that won three straight Africa Cup of Nations titles, but repeatedly failed to secure World Cup qualification.Egypt have six points after two rounds, Uganda four, Ghana one and Congo Brazzaville are pointless.
As expected, Bolt, the 100m and 200m world record holder, showed phenomenal pace over the turf.He was proud of the header he scored in a practice game, but admits having much to learn.“I’m tall, so it’s one of the things I have practised over the years,” he said of his header with sweat pouring down his face.“I was working hard out there, I wanted to play my best, move and give the guys options.”Share on: WhatsApp Pages: 1 2 Nearly 200 journalists and around 1,500 fans saw the eight-time Olympic gold medallist put through his paces with the first-team squad at Dortmund’s training ground.Having already trained with the team behind closed doors on Thursday, Friday’s open session could be seen as a publicity stunt as both Bolt and Dortmund are sponsored by Puma.The Bundesliga club live-streamed the training session and in China alone 1.2 million viewers tuned in.The 31-year-old Bolt insists he is deadly serious about starting a new career – at an age when most footballers are hanging up their boots.– ‘Unfit’ –Bolt, who retired from athletics last year, admits he lacks the endurance fitness football demands. Dortmund, Germany | AFP | Athletics legend Usain Bolt insists he is serious about realising his dream of becoming a top-class footballer after training with Borussia Dortmund.“I really want to try and make it professionally, to play at a high level,” the sprint superstar told reporters on Friday at the German league club.“My goal is to make a top team and play in one of the top leagues in the world.” “Overall, I’d give myself a seven out of ten,” he said.“It was fun, the guys were cool and they were welcoming, but I can tell I was unfit.“I like to play on the wing, right now I am unfit so I try to stay up top (as a striker).“I’ve heard a lot about the fans here – that really was an experience.”