Superdry
Does this Upgrade present an opportunity for you?
Is it irrelevant, or will the Upgrade make the Superdry share price more attractive?
- The chart shows the Superdry share price since December 2018.
- Liberum Capital upgrades Superdry to Buy, setting the target price at 600p.
- Consensus summary: 2 Buys, 7 Holds, 1 Sell; Average target: 512.8p (Source: Bloomberg).
- Current share price 517p (at time of writing).
- Shares -10.6% from 2019 highs; +18.7% from 2019 lows; +9.9% year-to date
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Superdry – An Example
Let’s say you think that Superdry shares have upside potential as result of this broker upgrade. You decide to buy exposure to £10,000 worth of Superdry using a CFD, at the current price of 517p. To do this, you need £2,000.
For the purpose of this example, let’s assume the Superdry share price rises to 600p (+16%). Your profit would be £1600 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. Superdry shares continue their downtrend, they 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.