Supergroup PLC (SGP) Given New GBX 1,750 Price Target at Liberum Capital

Supergroup PLC (LON:SGP) had its price objective reduced by Liberum Capital from GBX 1,800 ($23.23) to GBX 1,750 ($22.59) in a research report report published on Wednesday, April 19th. They currently have a buy rating on the stock.

SGP has been the subject of several other research reports. Royal Bank of Canada reiterated an outperform rating and issued a GBX 2,000 ($25.82) price target on shares of Supergroup PLC in a research report on Monday, March 20th. Panmure Gordon began coverage on shares of Supergroup PLC in a research report on Wednesday, February 22nd. They set a buy rating and a GBX 1,898 ($24.50) price objective for the company. Investec upped their price objective on shares of Supergroup PLC from GBX 1,850 ($23.88) to GBX 1,890 ($24.40) and gave the stock a buy rating in a research report on Thursday, January 12th. Berenberg Bank restated a buy rating and set a GBX 1,850 ($23.88) price objective on shares of Supergroup PLC in a research report on Thursday, March 9th. Finally, Peel Hunt restated a buy rating and set a GBX 1,800 ($23.23) price objective on shares of Supergroup PLC in a research report on Friday, January 13th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Supergroup PLC currently has an average rating of Buy and an average price target of GBX 1,816.67 ($23.45).

Supergroup PLC (LON:SGP) traded up 1.02% during midday trading on Wednesday, reaching GBX 1580.00. 165,572 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 1.29 billion. The stock’s 50-day moving average is GBX 1,560.34 and its 200-day moving average is GBX 1,542.81. Supergroup PLC has a 12-month low of GBX 1,100.00 and a 12-month high of GBX 1,793.66.

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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.

12 Month Chart for LON:SGP

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