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

• Barclays upgrades to Overweight with a target price of 2300p
• Consensus: 3 Buys, 5 Holds, 11 Sell; Avg target: 1990p (Source: Bloomberg).
• Current share price 2193p (at time of writing).
• Will the shares turn back, or will the upgrade push them towards 2287p highs?
• Shares -4.2% from 2019 highs; +11.3% from 2019 lows; +7.2% year-to date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Admiral – An Example

Let’s say you think that Admiral shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Admiral using a CFD, at the current price of 2193p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Admiral share price rises to 2287p highs (+4%). Your profit would be £400 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. Admiral shares fall 2% and hit your stop-loss. Your loss would be £200.

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