Supergroup PLC’s (SGP) “Underweight” Rating Reiterated at Barclays PLC
A number of other analysts have also commented on the company. Berenberg Bank reissued a buy rating and issued a GBX 1,850 ($24.02) target price on shares of Supergroup PLC in a report on Friday, July 7th. Canaccord Genuity lifted their target price on Supergroup PLC from GBX 2,012 ($26.12) to GBX 2,110 ($27.39) and gave the stock a buy rating in a report on Thursday, July 6th. Peel Hunt reissued a buy rating and issued a GBX 1,900 ($24.67) target price on shares of Supergroup PLC in a report on Friday, June 30th. Liberum Capital reissued a hold rating and issued a GBX 1,750 ($22.72) target price on shares of Supergroup PLC in a report on Friday, June 30th. Finally, Investec reissued a buy rating and issued a GBX 1,890 ($24.54) target price on shares of Supergroup PLC in a report on Thursday, June 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of GBX 1,838.67 ($23.87).
Supergroup PLC (LON SGP) opened at 1577.00 on Monday. The firm has a 50-day moving average price of GBX 1,513.95 and a 200 day moving average price of GBX 1,524.40. The firm’s market capitalization is GBX 1.28 billion. Supergroup PLC has a 52 week low of GBX 1,309.00 and a 52 week high of GBX 1,793.66.
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The firm also recently announced a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, July 13th will be issued a GBX 20.20 ($0.26) dividend. This is a positive change from Supergroup PLC’s previous dividend of $7.80. The ex-dividend date of this dividend is Thursday, July 13th. This represents a dividend yield of 1.32%.
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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