Supergroup PLC Given Average Recommendation of “Hold” by Analysts (LON:SGP)
Shares of Supergroup PLC (LON:SGP) have been given an average rating of “Hold” by the ten ratings firms that are presently covering the stock, StockRatingsNetwork.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 1,369.50 ($22.73).
SGP has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Supergroup PLC in a research note on Wednesday, August 27th. They now have a GBX 1,625 ($26.97) price target on the stock. Separately, analysts at Investec cut their price target on shares of Supergroup PLC from GBX 1,600 ($26.55) to GBX 1,500 ($24.89) in a research note on Tuesday, August 26th. They now have a “buy” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “reduce” rating on shares of Supergroup PLC in a research note on Tuesday, August 26th. They now have a GBX 930 ($15.43) price target on the stock.
Supergroup PLC (LON:SGP) traded down 1.14% on Tuesday, hitting GBX 1042.00. The stock had a trading volume of 86,024 shares. 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 1071. and a 200-day moving average of GBX 1283.43. The company’s market cap is £843.6 million.
SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale.
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