William Hill
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Upgrade make the William Hill share price more attractive?
- The chart shows the William Hill share price since late October.
- Berenberg upgrades William Hill to Buy, setting target price at 250p.
- Consensus summary: 11 Buys, 5 Holds, 1 Sell; Average target: 242.7p (Source: Bloomberg).
- Current share price 175p (at time of writing).
- Shares -1.6% from 2019 highs; +12.75% from 2019 lows; +13% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading William Hill – An Example
Let’s say you think that William Hill shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of William Hill using a CFD, at the current price of 175p. To do this, you need £2,000.
For the purpose of this example, let’s assume the William Hill share price rises to 224p November high (+28%). Your profit would be £2800 from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. William Hill shares break lower, they fall 8% and hit your stop-loss. Your loss would be £800.
This is provided for information purposes only. It should not be taken as a recommendation.