Moneysupermarket.com
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Downgrade make the Moneysupermarket.com share price less attractive?
- Berenburg downgraded to Sell, with a target of 285p.
- Consensus summary: 6 Buys, 7 Holds, 1 Sell; Average target: 356p (Source: Bloomberg).
- Current share price 347p (at time of writing).
- Will the downgrade push the shares back towards recent Feb levels of 315p? (-9%)
- Shares -24% from 2019 highs; +23% from 2019 lows; +20% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Moneysupermarket.com – An Example
Let’s say you think that Moneysupermarket.com shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Moneysupermarket.com using a CFD, at the current price of 6255p. To do this, you need £2,000.
For the purpose of this example, let’s assume the Moneysupermarket.com price falls to recent lows 315p (-9%). Your profit would be £900 from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Funding Circle shares go higher, they rise 4% and hit your stop-loss. Your loss would be £400.
This is provided for information purposes only. It should not be taken as a recommendation.