This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Opening Price | Stop Loss | Profit Limit | Reward vs Risk | CFD Margin |
| 501p | 480p (21p/4.2% below) | 560p (59p/11.8% above) | 2.8x | 5% |
Observations – For
Observations – Against
Retail sector shares could benefit from a strong Christmas shopping period, with MKS stores used for both gifts, food and homeware. Shares in MKS in an uptrend since mid-September. UK consumer still confident, with interest rates set to stay low through 2016.
Bloomberg data highlights 82% of brokers Positive/Neutral on the stock and with target prices above the current price. Consensus target suggests 16% upside to just below 2015 highs while the most bearish broker target is below 2015 lows.
Next Event: Q3 Interim statement, 7 Jan
Latest Broker 12-Month Consensus: 48% Buy, 35% Hold, 17% Sell (full breakdown on request)
Source: DowJones Newswires, Reuters News, Bloomberg or Company Press releases
| Share | 1wk | 1m | 3m | 1yr | 2yr | 3yr | 4yr | 5yr |
| Perf % | -2.8 | -2.3 | -16.2 | 3.7 | 2.1 | 32.0 | 62.5 | 29.7 |
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research