Analysts Set Superdry PLC (SDRY) PT at $1,755.00
Shares of Superdry PLC (LON:SDRY) have received an average rating of “Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 1,755 ($22.86).
A number of analysts have commented on SDRY shares. Royal Bank of Canada decreased their price objective on Superdry from GBX 1,900 ($24.75) to GBX 1,400 ($18.24) and set a “sector perform” rating for the company in a report on Tuesday, June 12th. Liberum Capital raised Superdry to a “buy” rating in a report on Friday, June 15th. Peel Hunt reissued a “buy” rating on shares of Superdry in a report on Thursday, June 28th. Deutsche Bank raised Superdry to a “buy” rating and boosted their price objective for the stock from GBX 1,430 ($18.63) to GBX 1,610 ($20.97) in a report on Wednesday, July 11th. Finally, Berenberg Bank reduced their target price on Superdry from GBX 2,260 ($29.44) to GBX 1,920 ($25.01) and set a “buy” rating for the company in a report on Wednesday, August 22nd.
Shares of SDRY opened at GBX 1,115 ($14.52) on Thursday. Superdry has a 52 week low of GBX 1,438 ($18.73) and a 52 week high of GBX 2,102 ($27.38).
In related news, insider Penny Hughes bought 1,230 shares of the company’s stock in a transaction on Thursday, July 5th. The shares were purchased at an average price of GBX 1,212 ($15.79) per share, for a total transaction of £14,907.60 ($19,418.52). Also, insider Euan Sutherland sold 3,480 shares of the stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of GBX 1,126 ($14.67), for a total value of £39,184.80 ($51,041.81).
Superdry Plc engages in the design, production, and sale of clothing and accessories primarily under the Superdry brand for men and women in the United Kingdom, Europe, and internationally. It operates through two segments, Retail and Wholesale. The Retail segment operates stores, concessions, and various Internet sites, which sell company's own brand and third party clothing, footwear, and accessories.
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