Supergroup PLC’s (SGP) Buy Rating Reaffirmed at Peel Hunt
Several other equities research analysts have also recently issued reports on the company. BNP Paribas assumed coverage on Supergroup PLC in a report on Friday, September 9th. They issued a neutral rating and a GBX 1,650 ($21.54) price objective on the stock. Royal Bank Of Canada reiterated an outperform rating and issued a GBX 1,900 ($24.80) price objective on shares of Supergroup PLC in a report on Tuesday, August 30th. Canaccord Genuity reiterated a buy rating and issued a GBX 1,847 ($24.11) price objective on shares of Supergroup PLC in a report on Thursday, July 14th. Investec reiterated a buy rating and issued a GBX 1,850 ($24.15) price objective on shares of Supergroup PLC in a report on Thursday, July 14th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 1,500 ($19.58) price objective on shares of Supergroup PLC in a report on Thursday, July 14th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 1,730.90 ($22.59).
Supergroup PLC (LON:SGP) traded up 2.73% during midday trading on Friday, hitting GBX 1544.00. The company had a trading volume of 50,367 shares. The company has a 50 day moving average price of GBX 1,521.54 and a 200 day moving average price of GBX 1,431.04. The firm’s market capitalization is GBX 1.25 billion. Supergroup PLC has a 1-year low of GBX 1,100.00 and a 1-year high of GBX 1,733.49.
The company also recently announced a dividend, which was paid on Friday, September 23rd. Investors of record on Thursday, July 21st were paid a dividend of GBX 37 ($0.48) per share. The ex-dividend date of this dividend was Thursday, July 21st. This represents a dividend yield of 2.36%. This is an increase from Supergroup PLC’s previous dividend of $6.20.
In related news, insider Cartwright,Andrea sold 4,456 shares of the business’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of GBX 1,585 ($20.69), for a total transaction of £70,627.60 ($92,191.10).
Supergroup PLC Company Profile
SuperGroup Plc is a United Kingdom-based fashion retailer company, which offers clothing and accessories. The Company is the owner of the Superdry brand, which is a lifestyle brand that offers clothing, accessories, footwear and cosmetics. It operates in three segments: Retail, Wholesale and Central Cost.
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