Peel Hunt Reaffirms “Buy” Rating for Supergroup PLC (SGP)

Peel Hunt reiterated their buy rating on shares of Supergroup PLC (LON:SGP) in a research note published on Thursday. They currently have a GBX 1,900 ($24.21) price objective on the stock.

Several other research firms have also recently commented on SGP. Liberum Capital cut Supergroup PLC to a hold rating and set a GBX 1,750 ($22.30) target price for the company. in a research note on Thursday, May 11th. Canaccord Genuity reaffirmed a buy rating and set a GBX 2,012 ($25.63) target price on shares of Supergroup PLC in a research note on Thursday, May 11th. Berenberg Bank reaffirmed a buy rating and set a GBX 1,850 ($23.57) target price on shares of Supergroup PLC in a research note on Thursday, March 9th. Panmure Gordon initiated coverage on Supergroup PLC in a research note on Wednesday, February 22nd. They set a buy rating and a GBX 1,898 ($24.18) target price for the company. Finally, Shore Capital reaffirmed a not rated rating on shares of Supergroup PLC in a research note on Thursday, May 11th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of GBX 1,827.78 ($23.29).

Analyst Recommendations for Supergroup PLC (LON:SGP)

Supergroup PLC (LON:SGP) opened at 1580.00 on Thursday. The company’s market cap is GBX 1.29 billion. Supergroup PLC has a 12-month low of GBX 1,100.00 and a 12-month high of GBX 1,793.66. The stock’s 50 day moving average price is GBX 1,563.40 and its 200 day moving average price is GBX 1,551.82.

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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.

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