Supergroup PLC (SGP) Receives GBX 1,887.25 Consensus Target Price from Brokerages

Shares of Supergroup PLC (LON:SGP) have been given a consensus recommendation of “Buy” by the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,887.25 ($24.81).

SGP has been the subject of several research reports. Investec restated a “buy” rating and set a GBX 1,890 ($24.85) price target on shares of Supergroup PLC in a report on Thursday, June 29th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,900 ($24.98) target price on shares of Supergroup PLC in a research note on Thursday, June 15th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,850 ($24.32) target price on shares of Supergroup PLC in a research note on Friday, July 7th. Canaccord Genuity lifted their target price on shares of Supergroup PLC from GBX 2,012 ($26.45) to GBX 2,110 ($27.74) and gave the company a “buy” rating in a research note on Thursday, July 6th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 1,750 ($23.01) target price on shares of Supergroup PLC in a research note on Friday, June 30th.

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Supergroup PLC (SGP) traded up 0.98% during trading on Friday, reaching GBX 1747.00. 130,832 shares of the company’s stock were exchanged. Supergroup PLC has a 52 week low of GBX 1,309.00 and a 52 week high of GBX 1,793.66. The company’s 50 day moving average price is GBX 1,615.41 and its 200-day moving average price is GBX 1,558.74. The stock’s market capitalization is GBX 1.42 billion.

About Supergroup PLC

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.

Analyst Recommendations for Supergroup PLC (LON:SGP)

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