Supergroup PLC (SGP) Reaches New 1-Year High at $1,913.00

Supergroup PLC (LON:SGP) reached a new 52-week high on Tuesday . The company traded as high as GBX 1,913 ($25.16) and last traded at GBX 1,909 ($25.11), with a volume of 211646 shares trading hands. The stock had previously closed at GBX 1,873 ($24.64).

A number of equities research analysts have recently weighed in on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,900 ($24.99) price target on shares of Supergroup PLC in a report on Friday, September 15th. Liberum Capital reaffirmed a “hold” rating and set a GBX 1,750 ($23.02) price target on shares of Supergroup PLC in a report on Friday, August 25th. Finally, Barclays PLC reaffirmed an “underweight” rating on shares of Supergroup PLC in a report on Monday, August 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,887.25 ($24.82).

In related news, insider Euan Sutherland sold 55,088 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of GBX 1,840 ($24.20), for a total transaction of £1,013,619.20 ($1,333,183.22).

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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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