Supergroup PLC (SGP) Receives Consensus Rating of “Buy” from Brokerages
Shares of Supergroup PLC (LON:SGP) have earned an average recommendation of “Buy” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 1,862.25 ($24.05).
A number of analysts have recently issued reports on the stock. Liberum Capital reissued a “hold” rating and set a GBX 1,750 ($22.60) target price on shares of Supergroup PLC in a research note on Friday, August 25th. Barclays PLC reissued an “underweight” rating on shares of Supergroup PLC in a research note on Monday, August 14th. Berenberg Bank reissued a “buy” rating and set a GBX 1,850 ($23.89) target price on shares of Supergroup PLC in a research note on Friday, July 7th. Canaccord Genuity boosted their target price on shares of Supergroup PLC from GBX 2,012 ($25.98) to GBX 2,110 ($27.25) and gave the company a “buy” rating in a research note on Thursday, July 6th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 1,900 ($24.54) target price on shares of Supergroup PLC in a research note on Friday, June 30th.
Supergroup PLC (SGP) traded up 0.32% during midday trading on Tuesday, hitting GBX 1565.00. 120,291 shares of the stock traded hands. Supergroup PLC has a 52-week low of GBX 1,309.00 and a 52-week high of GBX 1,793.66. The company’s market cap is GBX 1.27 billion. The firm’s 50-day moving average is GBX 1,551.51 and its 200-day moving average is GBX 1,535.89.
The firm also recently disclosed a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, July 13th will be paid a GBX 20.20 ($0.26) dividend. The ex-dividend date of this dividend is Thursday, July 13th. This is a positive change from Supergroup PLC’s previous dividend of $7.80. This represents a yield of 1.32%.
WARNING: “Supergroup PLC (SGP) Receives Consensus Rating of “Buy” from Brokerages” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/12/supergroup-plc-sgp-receives-consensus-rating-of-buy-from-brokerages.html.
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.
Receive News & Stock Ratings for Supergroup PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supergroup PLC and related stocks with our FREE daily email newsletter.