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
Strong long term uptrend for a defensive non-cyclical stock. Bullish technical breakout. Supported by strong dividend yield. Strong bounce since mid-month.
A lot of brokers still rate the stock neutral meaning potential for upgrades to Buy as the shares push higher, helping increase momentum. A consensus target of 1000p and 70% of broker targets below current levels is supportive of potential revisions to the upside.
Next Event: Interim Results, 10 Nov
Latest Broker 12-Month Consensus: 20% Buy, 55% Hold, 25% 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 % | 2.1 | 1.9 | 9.9 | 11.7 | 22.9 | 24.6 | 48.2 | 58.0 | 74.1 |
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