Persimmon shares

Keeping you informed – a Week in Advance

Our Week in Advance publication is essential for traders who need to know which companies are reporting and when. Deceptively simple in its appearance, it’s the only way to get prepared for what’s coming in the following 7 days. Once we know what your interests are, we’ll be able to send you more details in the form of earnings previews and analyst recommendations. Earnings previews are released the day before results and detail what analysts in the city are forecasting, while analyst recommendations are constantly being revised and updated.

As all reputable brokers should, Accendo highlights key company events and economic data releases ahead of time. That’s great, but most brokers leave it there. Accendo goes the extra mile to provide you with earnings previews and analyst recommendations for all stocks that trade on the London Stock Exchange. If it’s on the financial terminal Bloomberg, it’s available to you.

Earnings preview example

earnings preview

Figure 2: Earnings preview for house builder Persimmon, straight from the Bloomberg Terminal. These are available to all our clients the day before results (Source: Bloomberg, 23 Aug).

If a trader was interested in UK housebuilders, she would have been sent the above earnings preview the day before Persimmon reported. The trader’s account manager would also have sent through a full rundown of views on the stock with all of the most recent analyst recommendations for Persimmon (see overleaf).

From this information the trader could take a view on Persimmon shares and instruct the platform to open a position in Persimmon the following morning. All of this can be done out of market hours, with no impact on the trader’s day-to-day business activities.

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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