Burberry
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Upgrade make the Burberry share price more attractive?
- The chart shows the Burberry share price since April 2018.
- AlphaValue upgrades Burberry to Buy, setting the target price at 2046p.
- Consensus summary: 3 Buys, 16 Holds, 4 Sell; Average target: 1925.78p (Source: Bloomberg).
- Current share price 1657p (at time of writing).
- Shares -6.5% from 2019 highs; +2.2% from 2019 lows; -4.4% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Burberry – An Example
Let’s say you think that Burberry shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Burberry using a CFD, at the current price of 1657p. To do this, you need £2,000.
For the purpose of this example, let’s assume the Burberry share price rises to 1882p (+13.57%). Your profit would be £1357 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. Burberry shares continue their downtrend, they 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.