SuperGroup Receives Buy Rating from Canaccord Genuity (SGP)

Share on StockTwits

SuperGroup (LON: SGP)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 1,000 ($15.24) target price on the stock. Canaccord Genuity’s price objective suggests a potential upside of 50.38% from the company’s current price.

A number of other analysts have also recently weighed in on SGP. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of SuperGroup in a research note to investors on Tuesday, June 4th. They now have a GBX 820 ($12.49) price target on the stock. Separately, analysts at Bank of America raised their price target on shares of SuperGroup from GBX 800 ($12.19) to GBX 900 ($13.71) in a research note to investors on Tuesday, May 28th. They now have a “buy” rating on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Thursday, May 9th. They now have a GBX 715 ($10.89) price target on the stock.

One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. SuperGroup presently has a consensus rating of “Buy” and a consensus target price of GBX 721.06 ($10.99).

Shares of SuperGroup (LON: SGP) opened at 655.00 on Tuesday. SuperGroup has a one year low of GBX 260.911 and a one year high of GBX 799.00. The stock’s 50-day moving average is currently GBX 632.9. The company’s market cap is £525.5 million.

SuperGroup Plc, formerly DKH Clothing Plc. is United Kingdom-based retailer. It focuses on the youth fashion market with its clothing and accessories for both men and women.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with Analyst Ratings Network's FREE daily email newsletter.

Latest News

Russia Key Interest Rate Lowered to 14%
Russia Key Interest Rate Lowered to 14%
Dollar General Posts Weak Outlook, Starts Dividend
Dollar General Posts Weak Outlook, Starts Dividend
Samsung Has Share Forecast Increased by Citigroup
Samsung Has Share Forecast Increased by Citigroup
Urban Outfitters Revenue and Earnings Beat Estimates
Urban Outfitters Revenue and Earnings Beat Estimates
General Motors Plans Share Buyback Avoids Proxy Fight
General Motors Plans Share Buyback Avoids Proxy Fight
Apple Joins Dow, AT&T Booted Off
Apple Joins Dow, AT&T Booted Off


Leave a Reply

Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.