IAG (owner of British Airways)
A trading opportunity for you?
Will British Airways owner IAG continue falling, or will it rise again back to 654p recent highs?
- British Airways owner IAG shares -6% from recent highs; -4.6% today.
- Now trades 621p (at time of writing).
- Shares -7.5% from 2019 highs; +6.8% from 2019 lows; +0.9% year-to-date.
- Can the stock recover to recent highs?
- 18 Feb: Citi says peer Ryanair is starting to attract bullish interest from investors.
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading British Airways owner IAG – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 654p. You decide to buy exposure to £10,000 worth of British Airways owner IAG using a CFD, at the current price of 621p. To do this, you need £2,000.
Let’s assume British Airways owner IAG recovers back to last week’s highs of 654p (+5.3%). Your profit would be £530, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 6% from the current price. British Airways owner IAG falls 6% and hits your stop-loss. Your loss would be £600.
This is provided for information purposes only. It should not be taken as a recommendation.