This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Trade Parameters
Observations – For
Observations – Against
Shares bounced nicely from support. Demand for data-hungry gadgets remains high. Mobile phone sales still strong and competition rife. Recent UK inflation data showed tech prices rising. UK retail sales seen rebounding in February. Shares no longer fighting relegation after demotion from UK 100 .
Consensus is very bullish and the stock is one of few with zero sell ratings and targets well above current levels. In fact, our short term trade is not even looking for the shares to rally back to the most bearish of targets.
Next Event: UK Retail Sales at 9.30am; Q1 16/17 trading statement, 24 May
Latest Broker 12-Month Consensus: 78% Buy, 22% Hold, 0% Sell (full breakdown on request)
Source: DowJones Newswires, Reuters News, Bloomberg or Company Press releases
| Share | 1wk | 1m | 3m | 6m | 1yr | 2yr | 3yr | 4yr | 5yr |
| Perf % | -0.5 | -0.4 | -13.5 | -17.8 | -29.9 | -29.2 | -10.9 | 50.8 | 79.7 |
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