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
Looking to trade another short term bounce within the downtrend that began last month. Markets already priced in Macron victory so defensives assets like tobacco in demand as hedge in against markets giving up ground after recent rally. Credit Suisse recently upgraded to Outperform as “investments appear to be bearing fruit, with market share up in DE and UK”.
Consensus is very positive on the stock, with many of the recent broker updates valuing the shares at well above 4000p. After a near 9% sell-off, potential for another bout of bargain huting.
Next Event: Ex-div 18 May
Latest Broker 12-Month Consensus: 67% Buy, 24% Hold, 10% 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 % | -3.6 | -6.0 | -2.5 | -4.6 | -3.0 | 16.9 | 45.0 | 54.6 | 41.4 |
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