Supergroup PLC (LON:SGP) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Supergroup PLC (LON:SGP) have been assigned a consensus rating of “Buy” from the ten research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 1,838.67 ($23.95).
Several research analysts recently weighed in on SGP shares. Liberum Capital lowered their price objective on Supergroup PLC from GBX 1,800 ($23.45) to GBX 1,750 ($22.80) and set a “buy” rating for the company in a research report on Wednesday, April 19th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 2,012 ($26.21) price objective on shares of Supergroup PLC in a research report on Thursday, May 11th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,900 ($24.75) price objective on shares of Supergroup PLC in a research report on Thursday, June 15th. Shore Capital reiterated a “not rated” rating on shares of Supergroup PLC in a research report on Thursday, May 11th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,850 ($24.10) price objective on shares of Supergroup PLC in a research report on Friday, July 7th.
Supergroup PLC (LON:SGP) traded down 1.16% during trading on Monday, reaching GBX 1451.00. The company had a trading volume of 113,413 shares. Supergroup PLC has a 52 week low of GBX 1,309.00 and a 52 week high of GBX 1,793.66. The company’s 50-day moving average is GBX 1,524.34 and its 200 day moving average is GBX 1,539.50. The firm’s market capitalization is GBX 1.18 billion.
The company also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, July 13th will be given a dividend of GBX 20.20 ($0.26) per share. This is a positive change from Supergroup PLC’s previous dividend of $7.80. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, July 13th.
Supergroup PLC Company Profile
SuperGroup Plc designs, produces and sells clothing and accessories under the Superdry brand in approximately 670 points of sale across the world, as well as online. The Company offers a range of products for men and women. The Company operates through three segments: Retail, Wholesale and Central costs.
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