Supergroup PLC (LON:SGP)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 1,800 ($22.30) target price on the stock. Peel Hunt’s target price suggests a potential upside of 24.40% from the company’s current price.
Other equities research analysts also recently issued research reports about the company. Investec restated a “buy” rating and set a GBX 1,850 ($22.92) target price on shares of Supergroup PLC in a research report on Thursday. Liberum Capital restated a “buy” rating and set a GBX 1,500 ($18.58) target price on shares of Supergroup PLC in a research report on Thursday, July 14th. Royal Bank Of Canada restated an “outperform” rating on shares of Supergroup PLC in a research report on Monday, August 1st. Canaccord Genuity restated a “buy” rating and set a GBX 1,847 ($22.88) target price on shares of Supergroup PLC in a research report on Friday, September 30th. Finally, BNP Paribas began coverage on Supergroup PLC in a research report on Friday, September 9th. They set a “neutral” rating and a GBX 1,650 ($20.44) target price for the company. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Supergroup PLC has a consensus rating of “Buy” and a consensus price target of GBX 1,730.90 ($21.44).
Shares of Supergroup PLC (LON:SGP) opened at 1591.00 on Thursday. Supergroup PLC has a 12 month low of GBX 1,100.00 and a 12 month high of GBX 1,733.49. The firm’s market capitalization is GBX 1.29 billion. The firm’s 50-day moving average price is GBX 1,445.73 and its 200-day moving average price is GBX 1,440.94.
In other Supergroup PLC news, insider Cartwright,Andrea sold 4,456 shares of the business’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of GBX 1,585 ($19.63), for a total value of £70,627.60 ($87,486.19).
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.
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