Peel Hunt Reiterates Buy Rating for Supergroup PLC (SGP)
Supergroup PLC (LON:SGP)‘s stock had its “buy” rating reiterated by Peel Hunt in a report issued on Thursday. They presently have a GBX 1,800 ($22.30) price target on the stock. Peel Hunt’s price target indicates a potential upside of 17.65% from the company’s current price.
Other research analysts also recently issued reports about the company. Liberum Capital restated a “buy” rating and issued a GBX 1,500 ($18.58) price target on shares of Supergroup PLC in a research note on Thursday, July 14th. Royal Bank Of Canada restated an “outperform” rating on shares of Supergroup PLC in a research note on Monday, August 1st. Investec restated a “buy” rating and issued a GBX 1,850 ($22.92) price target on shares of Supergroup PLC in a research note on Thursday. Canaccord Genuity restated a “buy” rating and issued a GBX 1,847 ($22.88) price target on shares of Supergroup PLC in a research note on Friday, September 30th. Finally, BNP Paribas began coverage on Supergroup PLC in a research note on Friday, September 9th. They issued a “neutral” rating and a GBX 1,650 ($20.44) price target for the company. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 1,730.90 ($21.44).
Shares of Supergroup PLC (LON:SGP) opened at 1551.00 on Thursday. The company’s market capitalization is GBX 1.26 billion. The firm has a 50-day moving average price of GBX 1,450.59 and a 200-day moving average price of GBX 1,443.21. Supergroup PLC has a 12 month low of GBX 1,100.00 and a 12 month high of GBX 1,733.49.
Supergroup PLC 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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