SuperGroup Receives Buy Rating from Canaccord Genuity (SGP)
SuperGroup (LON:SGP)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Monday, AnalystRatings.NET reports. They currently have a GBX 1,500 ($24.27) target price on the stock. Canaccord Genuity’s target price would suggest a potential upside of 28.10% from the stock’s previous close.
Shares of SuperGroup (LON:SGP) traded down 1.18% on Monday, hitting GBX 1171.00. 93,622 shares of the company’s stock traded hands. SuperGroup has a 1-year low of GBX 532.682 and a 1-year high of GBX 1248.00. The stock’s 50-day moving average is GBX 1146.31 and its 200-day moving average is GBX 914.5. The company’s market cap is £942.1 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Thursday, October 17th. They now have a GBX 1,175 ($19.01) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Thursday, October 17th. They now have a GBX 1,175 ($19.01) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of SuperGroup in a research note to investors on Monday, September 23rd. They now have a GBX 1,400 ($22.65) price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,073.42 ($17.37).
SuperGroup Plc, formerly DKH Clothing Plc. is United Kingdom-based retailer. It focuses on the youth fashion market with its clothing and accessories for both men and women.
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