Barclays PLC (ADR) (NYSE:BCS)

witwits (< 20) Submitted: 7/21/2011 11:19:55 PM : Start Price: $15.27 BCS Score: -23.33

Barclays new management team have a lot to prove.Their success in building Barclays Capital over the past 10 years now must be translated into adding the same value for a universal bank.Look for for major changes as the Banks profile changes from a well diversified under performing firm to a tightly focussed firm delivering results that should move it to the top quartile of their peer group.Bob Diamond must make this happen over the next 12 months.The team from 2010 is gone,the new team is in fact the old team from Barcap.I believe they will succeed.Expect BCS to reach $20-25 by Q1 2012.