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

• Peel Hunt upgrades to Add, with a price target 350p.
• Consensus summary: 8 Buys, 8 Holds, 6 Sell; Average target: 335p (Source: Bloomberg).
• Current share price 290p (at time of writing).
• Shares currently trade -26.6% from 2019 highs; +10.9% from 2019 lows; -11.7% year-to date
• 17 Jun: Hammerson faces challenges but shares are oversold says Peel Hunt
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Hammerson – An Example

Let’s say you think that Hammerson shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 290p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Hammerson  share price rises to the consensus target of 335p (+15%). Your profit would be £150 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Hammerson shares fall 5% and hit your stop-loss. Your loss would be £500

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