Super Retail Group Upgraded to “Neutral” at Commonwealth Bank (SUL)
Super Retail Group (ASX:SUL) was upgraded by stock analysts at Commonwealth Bank from an “underweight” rating to a “neutral” rating in a report issued on Wednesday. The firm currently has a $14.00 price objective on the stock, up from their previous price objective of $8.05.
A number of other analysts have also recently weighed in on SUL. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Super Retail Group in a research note on Tuesday, May 27th. They now have a $10.57 price target on the stock, down previously from $12.40.
Super Retail Group (ASX:SUL) traded up 0.24% on Wednesday, hitting A$8.350. 714,855 shares of the company’s stock traded hands. Super Retail Group has a 52 week low of A$7.890 and a 52 week high of A$14.095. The stock’s 50-day moving average is A$8.87 and its 200-day moving average is A$10.74. The company has a market cap of A$1.643 billion and a price-to-earnings ratio of 15.93.
Super Retail Group Limited is an Australia-based specialty retailer. The Company operates in three segments: Auto, Leisure and Sports.
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.