National Grid
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Upgrade make the National Grid share price more attractive?
- RBC upgrades to Outperform, with a 950p target
- Consensus summary: 12 Buys, 7 Holds, 1 Sells; Average target: 913p (Source: Bloomberg).
- Current share price 846p (at time of writing).
- Shares -3.0% from 2018 highs; +23.4% from 2018 lows; +11.0% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading National Grid – An Example
Let’s say you think that National Grid shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth using a CFD, at the current price of 846p. To do this, you need £2,000.
For the purpose of this example, let’s assume the share price rises to 950p (+12.3%). Your profit would be £1230 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. National Grid shares break lower, they 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.