Supergroup PLC Given Reduce Rating at Oriel Securities Ltd (SGP)
Supergroup PLC (LON:SGP)‘s stock had its “reduce” rating restated by equities research analysts at Oriel Securities Ltd in a research note issued to investors on Friday. They currently have a GBX 930 ($15.84) price target on the stock. Oriel Securities Ltd’s price target would suggest a potential downside of 18.28% from the stock’s previous close.
Shares of Supergroup PLC (LON:SGP) opened at 1124.00 on Friday. Supergroup PLC has a 1-year low of GBX 717.50 and a 1-year high of GBX 1749.00. The stock’s 50-day moving average is GBX 1039. and its 200-day moving average is GBX 1407.. The company’s market cap is £904.9 million.
A number of other firms have also recently commented on SGP. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Supergroup PLC in a research note on Tuesday. They now have a GBX 1,490 ($25.38) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Supergroup PLC in a research note on Friday, June 27th. They now have a GBX 1,600 ($27.25) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Supergroup PLC in a research note on Thursday, June 19th. They now have a GBX 1,625 ($27.68) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,356.18 ($23.10).
SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale.
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