The Motley Fool

3 More FTSE 100 Shares To Soar In A Bull Market: Barclays PLC, Royal Bank of Scotland Group plc And Antofagasta plc


Barclays (LSE: BARC) (NYSE: BARC.US) will report its interim results on 30 July. If the company can inspire market confidence in current full year forecasts, the shares could begin a significant rally.

On the consensus of market forecasts, Barclays shares are cheap.

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...

Analysts expect that the bank will report earnings per share (EPS) of 36.4p this year, rising to 43.4p in 2014. That’s a 2014 price-to-earnings (P/E) ratio of just 7. It is extremely rare to find a growing company trading on such a low rating.

The dividend yield looks a little light at 2.4% forecast for this year. However, the payout is more than five times covered, suggesting that there is plenty of room for some big rises.

Royal Bank of Scotland

Shares in Royal Bank of Scotland (LSE: RBS) (NYSE: RBS.US) fared well last week, rising 10%. By comparison, the FTSE 100 only managed a 2.7% improvement. This encapsulates my point: when the market does well, RBS shares can soar.

Whatever the market does, I expect RBS shares to rise significantly. That’s because I calculate that the shares are materially undervalued. At the end of the first quarter, RBS reported a 3% increase in net tangible asset value to 459p per share. It is rare that shares in profitable companies trade below their asset value. RBS shares are today available at 310p — yet the bank is expected to make a profit both this year and next.

RBS shares are available on a 2014 P/E of just 9.5 times forecasts.


Like the rest of the industrial metal miners, Antofagasta (LSE: ANTO) shares are a play on the market price of the resource being exploited. In Antofagasta’s case, it is primarily copper.

The trouble is, in the last six months, the price of copper is down 16%. That has led analysts to reduce their expectations for Antofagasta profits by 33%. As a result, the shares have fallen 36% in that time.

With a forecast dividend of just $0.36, there is not a large yield to protect investors from further share price falls.

Using today’s forecasts, Antofagasta trades on a 2013 P/E of 12.8, with a prospective dividend yield of 2.8%. There is better value elsewhere in the sector.

If you are looking for strong, successful companies that can thrive through a business cycle, then check out the latest report from our team of experts here at the Motley Fool. “5 Shares To Retire On” gives the lowdown on our team’s top picks for the long term. Just click here to get your copy of this free report today.

> David owns shares in Barclays and RBS but none of the other companies mentioned.

“This Stock Could Be Like Buying Amazon in 1997”

I'm sure you'll agree that's quite the statement from Motley Fool Co-Founder Tom Gardner.

But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.

What's more, we firmly believe there's still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.

And right now, we're giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.

Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!