SuperGroup PLC (LON:SGP) Rating Reaffirmed
London: In a note announced on 4 December, Beaufort Securities reconfirmed their “Buy” rating on SuperGroup PLC (LON:SGP) shares. They now have a GBX 1875.00 Estimated Target Price on the firm. Beaufort Securities’s target means a potential upside of 13.43% from the company’s close price.
From a total of 9 analysts covering SuperGroup (LON:SGP) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is GBX 1850 while the lowest target price is GBX 1200. The mean of all analyst targets is GBX 1684.11 with a 4.70% above today’s (GBX 1655.52) stock price. SuperGroup was the topic of 34 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 2 with “Buy” rating. RBC Capital Markets maintained shares with “Outperform” rating and GBX 1800 target share price in a report from a November 9. Canaccord Genuity maintained SGP stock in a recent report from November 27 with “Buy” rating. Numis Securities maintained the rating on November 6. Numis Securities has a “Hold” rating and a GBX 1400 price target on shares. Finally, Berenberg maintained the stock with “Buy” rating in a report issued on a November 26.
Approximately 81,957 shares of stock traded hands. Supergroup PLC (LON:SGP) has risen 59.86% since May 7, 2015 and is uptrending. It has outperformed by 62.65% the S&P500.
Universal SRG Group Limited is a United Kingdom subsidiary of Universal Music Group Inc. , a music firm with three main businesses: recorded music, music publishing and merchandising. The company has a market cap of 1.34 billion GBP.