RBC Capital Markets Reiterated SuperGroup (LON:SGP) As a “Outperform”; They Now Have a Target Price Of GBX 1800

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SuperGroup (LON:SGP) Rating Reaffirmed

The firm has just set a TP of GBX 1800 on SuperGroup (LON:SGP) shares. This is 7.85% from the price per share. In recent note disseminated on 7 December, RBC Capital Markets reaffirmed their “Outperform” rating on shares of SGP.

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 5.24% above today’s (GBX 1662) stock price. SuperGroup was the topic of 35 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 4 with “Buy” rating. Berenberg maintained shares with “Buy” rating and GBX 1800 target share price in a report from a November 26. Liberum Capital maintained SGP stock in a recent report from November 30 with “Buy” rating. RBC Capital Markets maintained the rating on November 9. RBC Capital Markets has a “Outperform” rating and a GBX 1800 price target on shares. Finally, Peel Hunt maintained the stock with “Buy” rating in a report issued on a November 27.

Approximately 25,553 shares of stock traded hands. Universal SRG Group Ltd (LON:SGP) has risen 55.99% since May 8, 2015 and is uptrending. It has outperformed by 57.07% the S&P500.

RBC Capital Markets Reiterated SuperGroup (LON:SGP) As a

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 1.35 billion GBP.

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