SuperGroup PLC (LON:SGP) Rating Reaffirmed
SuperGroup PLC (LON:SGP) just had their share rating of a ‘”Hold”‘ issued by research analysts at Liberum Capital, who now has a GBX 1500.00 target price per share on the 1.44B GBP market cap company or a -10.31% downside potential. This key information was disclosed to clients in a recent report on Wednesday, 16 December.
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 4.20% above today’s (GBX 1655.16) stock price. SuperGroup was the topic of 41 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on December 16 with “Hold” rating. RBC Capital Markets maintained shares with “Outperform” rating and GBX 1800 target share price in a report from a December 7. Peel Hunt maintained SGP stock in a recent report from December 16 with “Buy” rating. Beaufort Securities maintained the rating on December 4. Beaufort Securities has a “Buy” rating and a GBX 1875 price target on shares. Finally, Liberum Capital downgraded the stock to “Hold” rating in a report issued on a December 15.
Approximately 300,575 shares of stock traded hands or 68.33% up from the average. Supergroup PLC (LON:SGP) has risen 36.58% since May 19, 2015 and is uptrending. It has outperformed by 39.20% the S&P500.
SuperGroup Plc is a United Kingdom-based fashion retailer company, which offers clothing and accessories. The company has a market cap of 1.44 billion GBP. The Firm is the owner of the Superdry brand, which is a lifestyle brand that offers clothing, accessories, footwear and cosmetics. It has 29.67 P/E ratio. It operates in three divisions: Retail, Wholesale and Central Cost.