Reaffirmed: SuperGroup PLC (LON:SGP) “Buy” Rating Reemphasized at Peel Hunt; GBX 1800.00 Target in Place

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SuperGroup PLC (LON:SGP) Rating Reaffirmed

Equity analysts at Peel Hunt now has a GBX 1800.00 Estimated Target Price on SuperGroup PLC (LON:SGP). Peel Hunt and their recent Estimated Target Price could mean a potential upside of 5.88% from the company’s last price. The rating has been announced in a recent report on Thursday morning.

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 1655.22 with a 1.45% above today’s (GBX 1700) 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.

The stock closed the day at GBX 1700 during the previous session. It is down 53.85% since May 20, 2015 and is uptrending. It has outperformed by 56.11% the S&P500.

Reaffirmed: SuperGroup PLC (LON:SGP)

SuperGroup Plc is a United Kingdom-based fashion retailer company, which offers clothing and accessories. The company has a market cap of 1.23 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 30.47 P/E ratio. It operates in three divisions: Retail, Wholesale and Central Cost.

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