Recent Investment Analysts’ Ratings Changes for Super Group (SGHC)

A number of firms have modified their ratings and price targets on shares of Super Group (NYSE: SGHC) recently:

• 1/29/2025 – Super Group had its price target raised by analysts at Oppenheimer Holdings Inc. from $9.00 to $11.00. They now have an “outperform” rating on the stock.
• 1/27/2025 – Super Group had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $10.00 price target on the stock.
• 1/24/2025 – Super Group was upgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “buy” rating. They now have a $10.00 price target on the stock, up previously from $5.00.
• 1/22/2025 – Super Group had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $9.00 price target on the stock.
• 12/13/2024 – Super Group had its price target raised by analysts at Oppenheimer Holdings Inc. from $6.00 to $9.00. They now have an “outperform” rating on the stock.
• 12/11/2024 – Super Group had its price target raised by analysts at Needham & Company LLC from $7.00 to $9.00. They now have a “buy” rating on the stock.

Super Group Price Performance

Shares of Super Group stock traded up $0.03 during midday trading on Friday, hitting $8.33. 1,556,628 shares of the company were exchanged, compared to its average volume of 761,169. The firm has a 50 day simple moving average of $6.70 and a 200-day simple moving average of $4.97. Super Group Limited has a 52 week low of $2.90 and a 52 week high of $8.46. The firm has a market cap of $4.15 billion, a P/E ratio of 138.86 and a beta of 0.99.

Super Group Announces Dividend

The firm also recently disclosed a — dividend, which was paid on Wednesday, January 8th. Shareholders of record on Monday, December 23rd were paid a $0.15 dividend. This represents a yield of 5.7%. The ex-dividend date of this dividend was Monday, December 23rd. Super Group’s dividend payout ratio is currently 166.69%.

Institutional Trading of Super Group

A number of hedge funds and other institutional investors have recently modified their holdings of SGHC. Charles Schwab Investment Management Inc. boosted its holdings in Super Group by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company’s stock worth $2,260,000 after buying an additional 8,232 shares during the last quarter. New York State Common Retirement Fund grew its holdings in Super Group by 40.3% during the fourth quarter. New York State Common Retirement Fund now owns 53,814 shares of the company’s stock valued at $335,000 after purchasing an additional 15,463 shares during the period. State of New Jersey Common Pension Fund D acquired a new position in Super Group during the fourth quarter valued at approximately $233,000. Rhumbline Advisers increased its stake in Super Group by 10.4% in the fourth quarter. Rhumbline Advisers now owns 194,146 shares of the company’s stock valued at $1,210,000 after purchasing an additional 18,248 shares in the last quarter. Finally, Helikon Investments Ltd raised its holdings in Super Group by 82.5% in the fourth quarter. Helikon Investments Ltd now owns 3,234,022 shares of the company’s stock worth $20,148,000 after purchasing an additional 1,462,418 shares during the period. Institutional investors and hedge funds own 5.09% of the company’s stock.

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.