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

• Peel Hunt upgrades to Add, with a target of 670p.
• Consensus summary: 6 Buys, 2 Holds, 0 Sell; Average target: 885p (Source: Bloomberg).
• Current share price 642p (at time of writing).
• Shares -3.2% from 2019 highs; +36.6% from 2019 lows; +30% year-to date
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Keller – An Example

Let’s say you think that Keller  shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Keller using a CFD, at the current price of 642p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Keller share price rises to 702p (+9.3%). Your profit would be £930 from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Keller  shares fall 3% and hit your stop-loss. Your loss would be £300

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