London: SuperGroup PLC (LON:SGP) Stock Has Just Had Its Hold Rating Reiterated by Numis. Shares now Have a GBX 1400.00 Target

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SuperGroup PLC (LON:SGP) Rating Reaffirmed

In analysts report shared with investors and clients on 16 December, The Hold rating of SuperGroup PLC (LON:SGP) shares was has restated at Numis, who now has a GBX 1400.00 price target on the stock. Numis’s price target may suggest a possible downside of -16.29% from the last stock close price of the company.

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 3.94% above today’s (GBX 1659.29) 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 312,240 shares of stock traded hands or 74.86% 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.

London: SuperGroup PLC (LON:SGP) Stock Has Just Had Its Hold Rating Reiterated by Numis. Shares now Have a GBX 1400.00 Target

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 29.74 P/E ratio. It operates in three divisions: Retail, Wholesale and Central Cost.

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