Supergroup PLC Given Reduce Rating at Oriel Securities Ltd (SGP)
Supergroup PLC (LON:SGP)‘s stock had its “reduce” rating restated by analysts at Oriel Securities Ltd in a research report issued to clients and investors on Thursday. They currently have a GBX 930 ($15.79) price objective on the stock. Oriel Securities Ltd’s price objective points to a potential downside of 10.14% from the company’s current price.
Supergroup PLC (LON:SGP) traded up 1.57% during mid-day trading on Thursday, hitting GBX 1035.00. The stock had a trading volume of 128,963 shares. Supergroup PLC has a 52-week low of GBX 182.25 and a 52-week high of GBX 1749.00. The stock has a 50-day moving average of GBX 1038.18 and a 200-day moving average of GBX 1356.. The company’s market cap is £837.9 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Supergroup PLC in a research note on Friday, July 18th. They now have a GBX 1,625 ($27.59) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Supergroup PLC in a research note on Monday, July 14th. They now have a GBX 1,100 ($18.68) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Supergroup PLC in a research note on Thursday, July 10th. They now have a GBX 1,600 ($27.17) price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,379.50 ($23.43).
SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale.
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