Supergroup PLC (SGP) Given Consensus Recommendation of “Hold” by Analysts
Shares of Supergroup PLC (LON:SGP) have been given a consensus recommendation of “Hold” by the ten research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,012.25 ($27.80).
Several analysts recently issued reports on the company. Peel Hunt reissued a “buy” rating and issued a GBX 2,300 ($31.78) target price on shares of Supergroup in a research note on Thursday, January 4th. Deutsche Bank reissued a “hold” rating and issued a GBX 1,990 ($27.49) target price on shares of Supergroup in a research note on Tuesday, January 2nd. Royal Bank of Canada cut Supergroup to a “sector performer” rating and raised their target price for the stock from GBX 1,800 ($24.87) to GBX 1,900 ($26.25) in a research note on Friday, November 17th. Finally, Berenberg Bank lifted their price objective on Supergroup from GBX 2,050 ($28.32) to GBX 2,260 ($31.22) and gave the company a “buy” rating in a research report on Tuesday, January 16th.
Supergroup (SGP) traded up GBX 1,776 ($24.54) during midday trading on Friday, hitting GBX 1,776 ($24.54). The company had a trading volume of 267,398 shares, compared to its average volume of 194,561. The company has a market capitalization of $1,400.00 and a PE ratio of 2,248.10. Supergroup has a 12 month low of GBX 1,435 ($19.83) and a 12 month high of GBX 2,102 ($29.04).
Supergroup 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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