SuperGroup Stock Rating Reaffirmed by Canaccord Genuity (SGP)
SuperGroup (LON:SGP)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity in a note issued to investors on Friday, Stock Ratings Network reports. They currently have a GBX 1,530 ($25.09) price target on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 3.03% from the company’s current price.
SuperGroup (LON:SGP) traded up 3.23% during mid-day trading on Friday, hitting GBX 1533.00. 83,596 shares of the company’s stock traded hands. SuperGroup has a 52 week low of GBX 537.50 and a 52 week high of GBX 1515.00. The stock’s 50-day moving average is GBX 1315.31 and its 200-day moving average is GBX 1140.. The company’s market cap is £1.234 billion.
SGP has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Thursday, December 12th. They now have a GBX 1,250 ($20.50) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of SuperGroup in a research note to investors on Thursday, December 12th. They now have a GBX 1,500 ($24.60) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Thursday, December 12th. They now have a GBX 1,250 ($20.50) price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. SuperGroup has an average rating of “Hold” and an average target price of GBX 1,122 ($18.40).
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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