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Home / Upgrades / Downgrades / Premier Oil

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Premier Oil

Does this Upgrade present an opportunity for you?

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

  • Berenberg upgrades to Buy (from Hold), with a target of 110p.
  • Consensus summary: 11 Buys, 4 Holds, 0 Sell; Average target: 122.92p (Source: Bloomberg).
  • Current share price 75.65p (at time of writing).
  • Shares -7.1% from 2019 highs; +25.2% from 2019 lows; +14.7% year-to date
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Premier Oil – An Example

Let’s say you think that Premier Oil shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Premier Oil using a CFD, at the current price of 75.65p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Premier Oil share price rises to 109p Nov highs (+44%). Your profit would be £4400 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 9% from the current price. Premier Oil shares fall 9% and hit your stop-loss. Your loss would be £900

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

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

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