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

• Deutsche Bank upgrades to Buy with a 1020p target
• Consensus: 5 Buys, 10 Holds, 4 Sell; Avg target: 905p (Source: Bloomberg).
• Current share price 932p (at time of writing).
• Will the shares turn back, or will the upgrade push them towards 2018 highs of 1012p?
• Shares -0.6% from 2019 highs; +18.9% from 2019 lows; +15.9% year-to date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Land Securities – An Example

Let’s say you think that Land Securities shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Land Securities using a CFD, at the current price of 932p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Land Securities share price rises to 1012p (+8.5%). Your profit would be £850 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. Land Securities 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.