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

• RBC starts coverage at Outperform, with a 1125p target
• Consensus: 4 Buys, 10 Holds, 4 Sell; Avg target: 914p (Source: Bloomberg).
• Current share price 890p (at time of writing).
• Will the shares turn back, or will the upgrade push them towards April highs of 999p?
• Shares -13.0% from 2018 highs; +12.8% from 2019 lows; +10.7% year-to date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Land Securities – An Example

Let’s say you think that Land Securities shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Land Securities using a CFD, at the current price of 890p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Land Securities share price rises to 999p (+12.2%). Your profit would be £1220 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Land Securities shares fall 5% and hit your stop-loss. Your loss would be £500.

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