BT
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Upgrade make the BT share price more attractive?
- The chart shows the BT share price since June 2018.
- JP Morgan upgraded to Overweight, with a price target of 290p.
- Current share price 237p (at time of writing).
- Shares now trade -2% from 2019 highs; +5.6% from 2019 lows; flat year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Click to enlarge
Trading BT – An Example
Let’s say you think that BT shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of BT using a CFD, at the current price of 237p. To do this, you need £2,000.
For the purpose of this example, let’s assume the BT share price rises to 267p November highs (+12.6%). Your profit would be £1260 from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 6% from the current price. BT shares fall 6% and hit your stop-loss. Your loss would be £600
This is provided for information purposes only. It should not be taken as a recommendation.