B&M Euro Value Retail
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Upgrade make the B&M share price more attractive?
- RBC upgrades to Top Pick, with a target of 400p.
- Consensus summary: 12 Buys, 2 Holds, 0 Sell; Average target: 420p (Source: Bloomberg).
- Current share price 359p (at time of writing).
- Shares -1.8% from 2019 highs; +28.8% from 2019 lows; +27.8% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading B&M Euro Value Retail – An Example
Let’s say you think that B&M shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of B&M using a CFD, at the current price of 359p. To do this, you need £2,000.
For the purpose of this example, let’s assume the B&M share price rises to 400p (+11%). Your profit would be £1100 from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. B&M shares fall 3% and hit your stop-loss. Your loss would be £300
This is provided for information purposes only. It should not be taken as a recommendation.