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

• The chart shows the Hammerson share price since July
• Deutsche Bank has upgraded to Buy, with a price target 440p.
• Consensus summary: 7 Buys, 9 Holds, 4 Sell; Average target: 432p (Source: Bloomberg).
• Current share price 351p (at time of writing).
• Shares currently trade -40.5% from 2018 highs; +9.7% from 2018 lows; +6.8% year-to date
• 29 Nov: Hammerson completes £236m Highcross sale
• 28 Nov: Brookfield pulls multi-billion bid for INTU Properties as Brexit uncertainty bites
• 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 351p. 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 432p (+23.0%). Your profit would be £2300 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.