Supergroup PLC Earns Reduce Rating from Oriel Securities Ltd (SGP)
Supergroup PLC (LON:SGP)‘s stock had its “reduce” rating reaffirmed by stock analysts at Oriel Securities Ltd in a report issued on Tuesday. They currently have a GBX 930 ($15.39) target price on the stock. Oriel Securities Ltd’s target price points to a potential downside of 17.41% from the stock’s previous close.
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 ($26.89) 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 ($18.20) 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 ($26.48) price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,379.50 ($22.83).
Supergroup PLC (LON:SGP) opened at 1128.00 on Tuesday. Supergroup PLC has a 52-week low of GBX 806.0001 and a 52-week high of GBX 1749.00. The stock has a 50-day moving average of GBX 1065. and a 200-day moving average of GBX 1300.. The company’s market cap is £913.2 million.
SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale.
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