Supergroup PLC (SGP) Receives GBX 1,862.25 Consensus Price Target from Analysts

Supergroup PLC (LON:SGP) has received an average rating of “Buy” from the ten analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,862.25 ($24.05).

Several research analysts recently weighed in on SGP shares. Berenberg Bank restated a “buy” rating and set a GBX 1,850 ($23.89) price target on shares of Supergroup PLC in a report on Friday, July 7th. Investec restated a “buy” rating and set a GBX 1,890 ($24.41) price target on shares of Supergroup PLC in a report on Thursday, June 29th. Peel Hunt restated a “buy” rating and set a GBX 1,900 ($24.54) price target on shares of Supergroup PLC in a report on Thursday, June 15th. Canaccord Genuity boosted their price target on shares of Supergroup PLC from GBX 2,012 ($25.98) to GBX 2,110 ($27.25) and gave the stock a “buy” rating in a report on Thursday, July 6th. Finally, Liberum Capital restated a “hold” rating and set a GBX 1,750 ($22.60) price target on shares of Supergroup PLC in a report on Friday, June 30th.

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Shares of Supergroup PLC (SGP) traded down 0.26% during midday trading on Tuesday, reaching GBX 1564.00. 103,034 shares of the company traded hands. The company has a 50-day moving average of GBX 1,557.86 and a 200 day moving average of GBX 1,536.76. Supergroup PLC has a 12-month low of GBX 1,309.00 and a 12-month high of GBX 1,793.66. The firm’s market capitalization is GBX 1.27 billion.

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

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.

Analyst Recommendations for Supergroup PLC (LON:SGP)

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