A trading opportunity for you?

Will St James’s Place continue falling, or will it rise again back to recent 1,155p October highs?

• St James’s Place shares have fallen over 12% in the last 3 weeks to trade 1,003p (at time of writing).
• Shares -19% from 2018 highs; +1% from 2018 lows; -18% year-to-date.
• Wealth management company missed market expectations on Q3 fund inflows.
• Underlying growth is still strong, according to analysts at Panmure Gordon (23 Oct).
• Can the stock regain recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News

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Trading St James’s Place – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 1,155p. You decide to buy exposure to £10,000 worth of St James’s Place using a CFD, at the current price of 1,003p. To do this, you need £2,000.

Let’s assume St James’s Place recovers back to 1,155p (+15.1%). Your profit would be £1,510, 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. St James’s Place falls 10% and hits your stop-loss. Your loss would be £1,000.

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