SSE
Does this Upgrade present an opportunity for you?
Does this Upgrade present an opportunity for you?
- AlphaValue upgrades to Hold, with a target of 1386p.
- Consensus summary: 11 Buys, 7 Holds, 0 Sell; Average target: 1307p (Source: Bloomberg).
- Current share price 1119p (at time of writing).
- Shares 9.6% from 2019 highs; +6.8% trading from 2019 lows; +3.5% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading SSE – An Example
Let’s say you think that SSE shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of SSE using a CFD, at the current price of 136p. To do this, you need £2,000.
For the purpose of this example, let’s assume the SSE share price rises to 155p (+13.9%). Your profit would be £1390 from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. SSE shares fall 5% and hit your stop-loss. Your loss would be £500
This is provided for information purposes only. It should not be taken as a recommendation.