Supergroup (SGP) Given “Hold” Rating at Deutsche Bank
Supergroup (LON:SGP)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a note issued to investors on Thursday. They presently have a GBX 1,990 ($26.99) target price on the stock. Deutsche Bank’s price target indicates a potential upside of 8.03% from the stock’s current price.
Several other research analysts have also recently weighed in on SGP. Peel Hunt restated a “buy” rating and issued a GBX 1,900 ($25.77) price objective on shares of Supergroup in a research report on Friday, September 15th. Royal Bank of Canada cut shares of Supergroup to a “sector performer” rating and upped their price objective for the stock from GBX 1,800 ($24.41) to GBX 1,900 ($25.77) in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,961 ($26.59).
Supergroup (SGP) traded up GBX 23 ($0.31) during mid-day trading on Thursday, hitting GBX 1,842 ($24.98). 395,165 shares of the company traded hands, compared to its average volume of 153,512. The company has a market capitalization of $1,510.00 and a PE ratio of 2,331.65. Supergroup has a one year low of GBX 1,435 ($19.46) and a one year high of GBX 2,102 ($28.51).
Supergroup Company Profile
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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