Supergroup PLC (SGP) Rating Reiterated by Numis Securities Ltd
Supergroup PLC (LON:SGP)‘s stock had its “hold” rating reaffirmed by equities researchers at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 1,500 ($18.74) target price on the stock. Numis Securities Ltd’s target price points to a potential downside of 3.16% from the stock’s current price.
Several other brokerages have also commented on SGP. Peel Hunt restated a “buy” rating and issued a GBX 1,800 ($22.49) price target on shares of Supergroup PLC in a research note on Monday, August 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Supergroup PLC in a research note on Monday, August 1st. BNP Paribas began coverage on shares of Supergroup PLC in a research note on Friday, September 9th. They issued a “neutral” rating and a GBX 1,650 ($20.61) price target on the stock. Canaccord Genuity restated a “buy” rating and issued a GBX 1,847 ($23.08) price target on shares of Supergroup PLC in a research note on Friday, September 30th. Finally, Investec restated a “buy” rating and issued a GBX 1,850 ($23.11) price target on shares of Supergroup PLC in a research note on Thursday, November 10th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Supergroup PLC has an average rating of “Buy” and a consensus target price of GBX 1,770.90 ($22.13).
Supergroup PLC (LON:SGP) opened at 1549.00 on Wednesday. The firm’s market capitalization is GBX 1.26 billion. Supergroup PLC has a 12 month low of GBX 1,100.00 and a 12 month high of GBX 1,733.49. The company’s 50 day moving average price is GBX 1,457.38 and its 200 day moving average price is GBX 1,451.79.
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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