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

• Numis upgrades to Buy, with an 650p target.
• Consensus summary: 8 Buys, 5 Holds, 0 Sell; Average target: 607p (Source: Bloomberg).
• Current share price 443p (at time of writing).
• Shares -5.6% from 2019 highs; +4.6% from 2019 lows; -1.5% year-to date
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading PageGroup – An Example

Let’s say you think that PageGroup shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of PageGroup using a CFD, at the current price of 443p. To do this, you need £2,000.

For the purpose of this example, let’s assume the PageGroup share price rises to 467p (+5.4%). Your profit would be £540 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. PageGroup 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.