Supergroup PLC (SGP) Rating Reiterated by Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Supergroup PLC (LON:SGP) in a report published on Friday morning. Peel Hunt currently has a GBX 1,900 ($25.62) target price on the stock.

Other research analysts have also recently issued research reports about the stock. Liberum Capital reissued a hold rating and set a GBX 1,750 ($23.59) price target on shares of Supergroup PLC in a research report on Friday, June 30th. Investec reissued a buy rating and set a GBX 1,890 ($25.48) price target on shares of Supergroup PLC in a research report on Thursday, June 29th. Berenberg Bank reissued a buy rating and set a GBX 1,850 ($24.94) price target on shares of Supergroup PLC in a research report on Friday, July 7th. Canaccord Genuity boosted their price target on shares of Supergroup PLC from GBX 2,012 ($27.13) to GBX 2,110 ($28.45) and gave the company a buy rating in a research report on Thursday, July 6th. Finally, Barclays PLC reissued an underweight rating on shares of Supergroup PLC in a research report on Monday, August 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. Supergroup PLC currently has a consensus rating of Buy and an average price target of GBX 1,862.25 ($25.11).

Shares of Supergroup PLC (SGP) opened at 1560.00 on Friday. The firm’s 50-day moving average price is GBX 1,564.42 and its 200-day moving average price is GBX 1,538.32. The firm’s market capitalization is GBX 1.27 billion. Supergroup PLC has a one year low of GBX 1,309.00 and a one year high of GBX 1,793.66.

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The business also recently announced a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, July 13th will be given a GBX 20.20 ($0.27) 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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