Does this Upgrade present an opportunity for you?

Is it irrelevant, or will the Upgrade make the Hammerson share price more attractive?

• The chart shows the Hammerson share price movements over the last 6 months.
• Shares -25.9% from 2018 highs; +0.5% from 2018 lows; -17.8% year-to date
• Credit Suisse upgrades Hammerson to Outperform (from underperform), and reiterates 540p target.
• Consensus summary: 8 Buys, 11 Holds, 2 Sell; Average target: 534p (Source: Bloomberg).
• Current share price 449.5p (at time of writing).
• Will the shares turn back, or will the upgrade push the shares back towards 575p March highs?
• Sector buoyed by INTU Properties takeover speculation

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Trading Hammerson – An Example

Let’s say you think that Hammerson shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 225p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Hammerson share price rises to 575p (+27.9%). Your profit would be £2790 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Hammerson shares continue their downtrend, they fall 4% and hit your stop-loss. Your loss would be £400.

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