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

• William O’Neil & Co initiated coverage at Buy.
• Shares trading on momentum, all-time highs.
• Consensus summary: 5 Buys, 8 Holds, 2 Sell; Average target: 1498p (Source: Bloomberg).
• Current share price 1593p (at time of writing).
• Shares -1.2% from 2019 highs; +21.7% from 2019 lows; +16.7% year-to date
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Halma – An Example

Let’s say you think that Halma shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Halma using a CFD, at the current price of 1593p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Halma share price rises to 1800p new all-time highs (+12.9%). Your profit would be £1290 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Halma shares fall 4% and hit your stop-loss. Your loss would be £400

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