Supergroup PLC (SGP) Stock Rating Reaffirmed by Peel Hunt
Supergroup PLC (LON:SGP)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a report released on Thursday. They presently have a GBX 1,900 ($24.04) target price on the stock. Peel Hunt’s price objective points to a potential upside of 21.02% from the stock’s current price.
Several other research firms have also commented on SGP. Liberum Capital lowered shares of Supergroup PLC to a “hold” rating and set a GBX 1,750 ($22.14) price target on the stock. in a research report on Thursday, May 11th. Canaccord Genuity reissued a “buy” rating and set a GBX 2,012 ($25.45) price objective on shares of Supergroup PLC in a research note on Thursday, May 11th. Berenberg Bank reissued a “buy” rating and set a GBX 1,850 ($23.40) price objective on shares of Supergroup PLC in a research note on Thursday, March 9th. Panmure Gordon started coverage on shares of Supergroup PLC in a research note on Wednesday, February 22nd. They set a “buy” rating and a GBX 1,898 ($24.01) price objective on the stock. Finally, Shore Capital reissued a “not rated” rating on shares of Supergroup PLC in a research note on Thursday, May 11th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 1,827.78 ($23.12).
Supergroup PLC (LON SGP) opened at 1580.00 on Thursday. Supergroup PLC has a 1-year low of GBX 1,100.00 and a 1-year high of GBX 1,793.66. The firm has a 50-day moving average of GBX 1,565.00 and a 200-day moving average of GBX 1,551.38. The stock’s market capitalization is GBX 1.29 billion.
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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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