Nplus1 Brewin Reiterates “Hold” Rating for SuperGroup (SGP)
SuperGroup (LON:SGP)‘s stock had its “hold” rating restated by research analysts at Nplus1 Brewin in a report released on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,500 ($24.65) target price on the stock. Nplus1 Brewin’s price objective would suggest a potential downside of 6.25% from the company’s current price.
A number of other analysts have also recently weighed in on SGP. Analysts at N+1 Singer reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Thursday. They now have a GBX 1,500 ($24.65) price target on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 1,290.92 ($21.21).
SuperGroup (LON:SGP) traded up 7.24% during mid-day trading on Thursday, hitting GBX 1600.00. 325,259 shares of the company’s stock traded hands. SuperGroup has a one year low of GBX 582.15 and a one year 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.