SuperGroup (LON:SGP)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued to investors on Tuesday, December 5th. They currently have a GBX 2,100 ($28.26) price target on the stock. Peel Hunt’s price objective indicates a potential upside of 10.01% from the stock’s current price.
SGP has been the subject of several other reports. Deutsche Bank initiated coverage on shares of SuperGroup in a research note on Tuesday, November 21st. They set a “hold” rating and a GBX 1,990 ($26.78) target price for the company. Royal Bank of Canada lowered shares of SuperGroup to a “sector performer” rating and increased their target price for the company from GBX 1,800 ($24.23) to GBX 1,900 ($25.57) in a research note on Friday, November 17th. Barclays reissued an “underweight” rating on shares of SuperGroup in a research note on Monday, August 14th. Finally, Liberum Capital reissued a “hold” rating and set a GBX 1,750 ($23.55) target price on shares of SuperGroup in a research note on Friday, August 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,936 ($26.06).
SuperGroup (SGP) opened at GBX 1,910.10 ($25.71) on Tuesday. SuperGroup has a one year low of GBX 1,435 ($19.31) and a one year high of GBX 2,000.45 ($26.92).
In other news, insider Euan Sutherland sold 55,088 shares of the business’s stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of GBX 1,840 ($24.76), for a total transaction of £1,013,619.20 ($1,364,225.03).
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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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