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

• Exane BNP upgrades to Outperform, with a target of 180p.
• Consensus summary: 5 Buys, 9 Holds, 0 Sell; Average target: 183p (Source: AlphaTerminal).
• Current share price 154p (at time of writing).
• Shares -5.5% from 2019 highs; +11.9% from 2019 lows; +10% year-to date
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Hays – An Example

Let’s say you think that Hays shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Hays using a CFD, at the current price of 154p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Hays share price rises to 212p highs (+37%). Your profit would be £3700 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. Hays 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.