Supergroup PLC Given “Buy” Rating at Cantor Fitzgerald Europe (SGP)
Supergroup PLC (LON:SGP)‘s stock had its “buy” rating reiterated by stock analysts at Cantor Fitzgerald Europe in a report issued on Thursday. They currently have a GBX 1,500 ($24.89) price target on the stock. Cantor Fitzgerald Europe‘s price target suggests a potential upside of 43.40% from the company’s current price.
Shares of Supergroup PLC (LON:SGP) traded up 9.56% on Thursday, hitting GBX 1146.00. The stock had a trading volume of 264,968 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 1069. and a 200-day moving average of GBX 1275.31. The company’s market cap is £927.8 million.
A number of other firms have also recently commented on SGP. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Supergroup PLC in a research note on Thursday. They now have a GBX 1,625 ($26.97) price target on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,369.50 ($22.73).
SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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.