N+1 Singer Reiterates “Hold” Rating for SuperGroup (SGP)
SuperGroup (LON:SGP)‘s stock had its “hold” rating reaffirmed by N+1 Singer in a research note issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 1,500 ($24.65) price target on the stock. N+1 Singer’s price target suggests a potential downside of 6.25% from the company’s current price.
A number of other firms have also recently commented on SGP. Analysts at Cantor Fitzgerald Europe raised their price target on shares of SuperGroup from GBX 1,400 ($23.01) to GBX 1,650 ($27.12) in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Oriel Securities Ltd downgraded shares of SuperGroup to a “hold” rating in a research note to investors on Monday, January 27th. They now have a GBX 1,500 ($24.65) price target on the stock. Finally, analysts at Investec raised their price target on shares of SuperGroup from GBX 1,500 ($24.65) to GBX 1,800 ($29.58) in a research note to investors on Thursday, January 23rd. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,290.92 ($21.21).
SuperGroup (LON:SGP) traded up 7.24% on Thursday, hitting GBX 1600.00. The stock had a trading volume of 476,976 shares. SuperGroup has a 52-week low of GBX 582.15 and a 52-week high of GBX 1590.00. The stock’s 50-day moving average is GBX 1486. and its 200-day moving average is GBX 1237.. The company’s market cap is £1.288 billion.
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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