Does this Upgrade present an opportunity for you?

Is it irrelevant, or will the Upgrade make the Jupiter Fund Management share price more attractive?

• The chart shows the Jupiter Fund Management share price since late September.
• Shore Capital upgrades Jupiter Fund Management to Buy
• Consensus summary: 4 Buys, 8 Holds, 5 Sell; Average target: 416p (Source: Bloomberg).
• Current share price 342p (at time of writing).
• Will the shares turn back, or will the upgrade push the shares back towards September highs of 425p?
• Shares -45.9% from 2018 highs; now trading around 2018 lows; -45.5% year-to date

Click to enlarge

Trading Jupiter Fund Management – An Example

Let’s say you think that Jupiter Fund Management shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Jupiter Fund Management using a CFD, at the current price of 342p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Jupiter Fund Management share price rises to 425p (+24.3%). Your profit would be £2,420 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. Jupiter Fund Management shares continue their 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.