Insider Selling: Supergroup PLC (SGP) Insider Sells 55,088 Shares of Stock
Supergroup PLC (LON:SGP) insider Euan Sutherland sold 55,088 shares of the firm’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of GBX 1,840 ($24.28), for a total value of £1,013,619.20 ($1,337,581.42).
Supergroup PLC (SGP) traded up 0.33% during midday trading on Tuesday, hitting GBX 1841.00. The company had a trading volume of 81,154 shares. Supergroup PLC has a 12 month low of GBX 1,309.00 and a 12 month high of GBX 1,859.00. The firm has a 50-day moving average price of GBX 1,668.94 and a 200-day moving average price of GBX 1,579.67. The company’s market cap is GBX 1.50 billion.
Several equities research analysts have weighed in on SGP shares. Investec reissued a “buy” rating and issued a GBX 1,890 ($24.94) price target on shares of Supergroup PLC in a report on Thursday, June 29th. Peel Hunt raised their price target on Supergroup PLC from GBX 1,900 ($25.07) to GBX 2,100 ($27.71) and gave the stock a “buy” rating in a report on Wednesday, October 4th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,850 ($24.41) target price on shares of Supergroup PLC in a report on Friday, July 7th. Canaccord Genuity lifted their target price on Supergroup PLC from GBX 2,012 ($26.55) to GBX 2,110 ($27.84) and gave the stock a “buy” rating in a report on Thursday, July 6th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 1,750 ($23.09) target price on shares of Supergroup PLC in a report on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 1,887.25 ($24.90).
About Supergroup PLC
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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