Superdry (SDRY) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Superdry (LON:SDRY) in a research note published on Thursday morning.

A number of other analysts have also weighed in on the company. Liberum Capital upgraded Superdry to a buy rating in a report on Friday, June 15th. Royal Bank of Canada lowered their target price on Superdry from GBX 1,900 ($25.30) to GBX 1,400 ($18.64) and set a sector perform rating for the company in a report on Tuesday, June 12th. Deutsche Bank lowered their target price on Superdry from GBX 1,990 ($26.49) to GBX 1,430 ($19.04) and set a hold rating for the company in a report on Friday, May 11th. Finally, JPMorgan Chase & Co. lowered their target price on Superdry from GBX 2,170 ($28.89) to GBX 2,090 ($27.83) and set an overweight rating for the company in a report on Friday, May 11th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Buy and an average target price of GBX 1,755 ($23.37).

Shares of SDRY traded up GBX 6 ($0.08) during midday trading on Thursday, hitting GBX 1,113 ($14.82). 288,125 shares of the company’s stock traded hands, compared to its average volume of 154,951. Superdry has a 1 year low of GBX 1,438 ($19.15) and a 1 year high of GBX 2,102 ($27.99).

Superdry Company Profile

Superdry Plc engages in the design, production, and sale of clothing and accessories primarily under the Superdry brand for men and women in the United Kingdom, Europe, and internationally. It operates through two segments, Retail and Wholesale. The Retail segment operates stores, concessions, and various Internet sites, which sell company's own brand and third party clothing, footwear, and accessories.

Analyst Recommendations for Superdry (LON:SDRY)

Receive News & Ratings for Superdry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superdry and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply