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Barclays
joebob
Posts: 486 Forumite
Barclays have doubled there profits but share price is down over 6% why is that ?
0
Comments
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Higher profit expectations already priced in by the market?0
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Profit taking. Share price is up 71% over the past 12 months. Shares are most likely currently fairly priced given the short term economic outlook. Much of the profit is simply down to a release of impairment provisions from the balance sheet rather than exceptional trading performance in the past 12 months.0
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