Does this Upgrade present an opportunity for you?

Is it irrelevant, or will the Upgrade make Lamprell’s share price attractive?

• The chart shows Lamprell’s share price movements over the past 6 months.
• Shares -37% from 2018 highs; +6.6% from 2018 lows; -15.7% year-to date
• Analysts at Numis Securities have upgraded Lamprell to Buy (from Hold), but lowered their target to 86p.
• Consensus summary: 3 Buys, 2 Holds, 0 Sell; Average target: 87.6p (Source: Bloomberg).
• Current share price is 65.7p (at time of writing).
• Will the shares turn back, or will the upgrade push the shares back towards 94.65p July highs?

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Trading Lamprell – An Example

Let’s say you think that Lamprell shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Lamprell using a CFD, at the current price of 65.7p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Lamprell share price rises to 86p (+30.8%). Your profit would be £3,089, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. Lamprell shares continue their July downtrend, they fall 10% and hit your stop-loss. Your loss would be £1,000.

This is provided for information purposes only. It should not be taken as a recommendation.