Liberum Capital Increases Supergroup PLC (SGP) Price Target to GBX 1,800
Supergroup PLC (LON:SGP) had its target price upped by investment analysts at Liberum Capital from GBX 1,500 ($18.74) to GBX 1,800 ($22.49) in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Liberum Capital’s price target suggests a potential upside of 15.02% from the company’s current price.
SGP has been the subject of several other research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Supergroup PLC in a research report on Monday, August 1st. Investec reiterated a “buy” rating and issued a GBX 1,850 ($23.11) price target on shares of Supergroup PLC in a research report on Thursday, November 10th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,847 ($23.08) price target on shares of Supergroup PLC in a research report on Thursday, November 3rd. BNP Paribas assumed coverage on Supergroup PLC in a research report on Friday, September 9th. They issued a “neutral” rating and a GBX 1,650 ($20.61) price target for the company. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,800 ($22.49) price target on shares of Supergroup PLC in a research report on Thursday, November 10th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 1,770.90 ($22.13).
Supergroup PLC (LON:SGP) opened at 1565.0000 on Thursday. The stock has a 50 day moving average price of GBX 1,459.31 and a 200 day moving average price of GBX 1,454.21. The company’s market cap is GBX 1.27 billion. 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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