Hammerson
A trading opportunity for you?
Will Hammerson continue falling, or will it rise again back to recent 473p September highs?
- Hammerson shares have fallen over 7.5% in the past month to trade 428p (at time of writing).
- Shares -23.4% from 2018 highs; +3.4% from 2018 lows; -21.6% year-to-date.
- Peer competitor INTU Properties pointed to continuing weakness in the UK retail space, leading to a sell-off for the UK Index ‘s real-estate sector.
- Can the stock regain recent highs?
- Source: Dow Jones, Bloomberg, FT, Company News
Trading Hammerson – An Example
Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 473p. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 428p. To do this, you need £2,000.
Let’s assume Hammerson recovers back to 473p (+10.2%). Your profit would be £1,020, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. Hammerson falls 8% and hits your stop-loss. Your loss would be £800.
This is provided for information purposes only. It should not be taken as a recommendation.