Supergroup (LON:SGP)‘s stock had its “hold” rating reissued by equities research analysts at Deutsche Bank in a research note issued on Thursday. They currently have a GBX 1,990 ($26.99) price target on the stock. Deutsche Bank’s price objective would indicate a potential upside of 8.03% from the company’s previous close.
SGP has been the topic of several other reports. Peel Hunt upped their price objective on shares of Supergroup from GBX 1,900 ($25.77) to GBX 2,100 ($28.48) and gave the company a “buy” rating in a report on Wednesday, October 4th. Royal Bank of Canada downgraded shares of Supergroup to a “sector performer” rating and increased their price target for the stock from GBX 1,800 ($24.41) to GBX 1,900 ($25.77) in a report on Friday, November 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 1,961 ($26.59).
Supergroup (LON SGP) traded up GBX 23 ($0.31) during midday trading on Thursday, reaching GBX 1,842 ($24.98). 395,165 shares of the company’s stock traded hands, compared to its average volume of 153,512. The stock has a market capitalization of $1,510.00 and a P/E ratio of 2,331.65. Supergroup has a 1-year low of GBX 1,435 ($19.46) and a 1-year high of GBX 2,102 ($28.51).
In other news, insider Euan Sutherland sold 55,088 shares of the stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of GBX 1,840 ($24.95), for a total value of £1,013,619.20 ($1,374,585.30).
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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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