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 |
| 4671p | 4500p (171p/3.7% below) | 4940p (269p/5.8% above) | 1.6x | 5% |
Observations – For
Observations – Against
Shares made fresh 2015 lows after Q2 update (8 Sept) but have since stabilized. Company sees earnings on track to hit guidance thanks to improved sales which showed continued progress on ambitious organic growth and expansion plans to open 5500 rooms and 220 net new Costa outlets worldwide. Technicals looking like 12-months ago?
Bloomberg consensus shows 92% of brokers positive/neutral with 93% of target prices above the current share price. Consensus target price implies 16% upside to well above our trade target.
Next Event: Full Interim Results, 20 Oct
Latest Broker 12-Month Consensus: 60% Buy, 32% Hold, 8% Sell (full breakdown on request)
Source: DowJones Newswires, Reuters News, Boomberg or Company Press releases
| Share | 1wk | 1m | 3m | 1yr | 2yr | 3yr | 4yr | 5yr |
| Perf % | -0.2 | -10.4 | -13.6 | 11.5 | 48.5 | 102.3 | 183.4 | 193.4 |
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