Supergroup PLC (LON:SGP) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Supergroup PLC (LON:SGP) have earned an average rating of “Buy” from the ten research firms that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 1,838.67 ($23.95).

Several brokerages have recently issued reports on SGP. Shore Capital restated a “not rated” rating on shares of Supergroup PLC in a report on Thursday, May 11th. Canaccord Genuity raised their target price on shares of Supergroup PLC from GBX 2,012 ($26.21) to GBX 2,110 ($27.49) and gave the stock a “buy” rating in a report on Thursday, July 6th. Peel Hunt restated a “buy” rating and issued a GBX 1,900 ($24.75) target price on shares of Supergroup PLC in a report on Friday, June 30th. Liberum Capital cut their target price on shares of Supergroup PLC from GBX 1,800 ($23.45) to GBX 1,750 ($22.80) and set a “buy” rating on the stock in a report on Wednesday, April 19th. Finally, Investec restated a “buy” rating and issued a GBX 1,890 ($24.62) target price on shares of Supergroup PLC in a report on Thursday, June 29th.

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Supergroup PLC (LON SGP) traded down 0.07% during midday trading on Monday, reaching GBX 1496.00. 103,105 shares of the company’s stock were exchanged. The stock’s market cap is GBX 1.22 billion. The firm has a 50 day moving average of GBX 1,515.21 and a 200-day moving average of GBX 1,531.53. Supergroup PLC has a 12 month low of GBX 1,309.00 and a 12 month high of GBX 1,793.66.

The business also recently declared a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, July 13th will be issued a GBX 20.20 ($0.26) dividend. The ex-dividend date of this dividend is Thursday, July 13th. This represents a yield of 1.32%. This is a boost from Supergroup PLC’s previous dividend of $7.80.

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.

Analyst Recommendations for Supergroup PLC (LON:SGP)

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