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

• Barclays upgrades to Equalweight with a target price of 220p.
• Consensus: 9 Buys, 11 Holds, 1 Sell; Avg target: 253p (Source: Bloomberg).
• Current share price 198p (at time of writing).
• Will the shares turn back, or will they rally back to recent 210p highs?
• Shares -5.6% from 2019 highs; +15.2% from 2019 lows; +9.4% year-to date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading CYBG – An Example

Let’s say you think that CYBG shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of CYBG using a CFD, at the current price of 198p. To do this, you need £2,000.

For the purpose of this example, let’s assume the CYBG share price rises to recent highs at 210p (+6%). Your profit would be £600 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. CYBG 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.