SuperGroup Plc (SGP) Given Average Rating of “Hold” by Brokerages

SuperGroup Plc (LON:SGP) has been given an average rating of “Hold” by the ten ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 1,936 ($25.46).

Several research firms have recently weighed in on SGP. Royal Bank Of Canada downgraded SuperGroup to a “sector performer” rating and boosted their target price for the company from GBX 1,800 ($23.67) to GBX 1,900 ($24.99) in a research report on Friday, November 17th. Peel Hunt reissued a “buy” rating and set a GBX 1,900 ($24.99) target price on shares of SuperGroup in a research report on Friday, September 15th. Liberum Capital reissued a “hold” rating and set a GBX 1,750 ($23.02) target price on shares of SuperGroup in a research report on Friday, August 25th. Deutsche Bank AG began coverage on SuperGroup in a research report on Tuesday, November 21st. They set a “hold” rating and a GBX 1,990 ($26.17) target price on the stock. Finally, Barclays PLC reissued an “underweight” rating on shares of SuperGroup in a research report on Monday, August 14th.

SuperGroup (LON:SGP) traded down GBX 2 ($0.03) during midday trading on Friday, hitting GBX 1,947 ($25.61). The stock had a trading volume of 50,261 shares, compared to its average volume of 293,793. SuperGroup has a 52-week low of GBX 1,435 ($18.87) and a 52-week high of GBX 2,000.45 ($26.31).

In other SuperGroup news, insider Euan Sutherland sold 55,088 shares of the company’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of GBX 1,840 ($24.20), for a total value of £1,013,619.20 ($1,333,183.22). Insiders acquired a total of 26 shares of company stock worth $44,436 in the last ninety days.

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SuperGroup Company Profile

SuperGroup Plc designs, produces and sells clothing and accessories under the Superdry brand in approximately 670 points of sale across the world, as well as online. The Company offers a range of products for men and women. The Company operates through three segments: Retail, Wholesale and Central costs.

Analyst Recommendations for SuperGroup (LON:SGP)

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