Supergroup PLC Given Consensus Rating of “Hold” by Analysts (LON:SGP)
Supergroup PLC (LON:SGP) has earned an average rating of “Hold” from the eleven brokerages that are presently covering the company, AnalystRatingsNetwork.com reports. Six equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 1,408 ($23.67).
Shares of Supergroup PLC (LON:SGP) opened at 1077.00 on Wednesday. Supergroup PLC has a 1-year low of GBX 642.50 and a 1-year high of GBX 1749.00. The stock has a 50-day moving average of GBX 1203. and a 200-day moving average of GBX 1433.. The company’s market cap is £867.1 million.
A number of analysts have recently weighed in on SGP shares. Analysts at Berenberg Bank initiated coverage on shares of Supergroup PLC in a research note on Thursday, May 15th. They set a “buy” rating and a GBX 1,490 ($25.05) price target on the stock. Separately, analysts at Investec cut their price target on shares of Supergroup PLC from GBX 1,800 ($30.26) to GBX 1,600 ($26.90) in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Supergroup PLC in a research note on Thursday, May 8th. They now have a GBX 1,650 ($27.74) price target on the stock.
SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale.
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