SuperGroup Plc (SGP) Receives GBX 1,936 Average Target Price from Brokerages
Shares of SuperGroup Plc (LON:SGP) have received an average recommendation of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,936 ($25.93).
A number of equities research analysts have issued reports on SGP shares. Barclays reissued an “underweight” rating on shares of SuperGroup in a research note on Monday, August 14th. Liberum Capital reissued a “hold” rating and set a GBX 1,750 ($23.44) target price on shares of SuperGroup in a research note on Friday, August 25th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,900 ($25.45) price objective on shares of SuperGroup in a research note on Friday, September 15th. Royal Bank Of Canada lowered shares of SuperGroup to a “sector performer” rating and lifted their price objective for the company from GBX 1,800 ($24.11) to GBX 1,900 ($25.45) in a research note on Friday, November 17th. Finally, Deutsche Bank initiated coverage on shares of SuperGroup in a research note on Tuesday, November 21st. They issued a “hold” rating and a GBX 1,990 ($26.65) price objective for the company.
Shares of SuperGroup (LON:SGP) traded up GBX 6 ($0.08) during trading hours on Friday, hitting GBX 1,962 ($26.28). 118,741 shares of the company’s stock were exchanged, compared to its average volume of 291,824. SuperGroup has a 52 week low of GBX 1,435 ($19.22) and a 52 week high of GBX 2,000.45 ($26.79).
In related news, insider Euan Sutherland sold 55,088 shares of SuperGroup stock in a transaction on Monday, October 23rd. The shares were sold at an average price of GBX 1,840 ($24.64), for a total value of £1,013,619.20 ($1,357,465.11). In the last ninety days, insiders purchased 26 shares of company stock valued at $44,436.
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SuperGroup Plc designs, produces and sells clothing and accessories under the Superdry brand in approximately 670 points of sale across the world, as well as online. The Company offers a range of products for men and women. The Company operates through three segments: Retail, Wholesale and Central costs.
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