Supergroup (SGP) Earns “Hold” Rating from Deutsche Bank

Deutsche Bank reiterated their hold rating on shares of Supergroup (LON:SGP) in a research report report published on Tuesday morning. They currently have a GBX 1,990 ($26.61) target price on the stock.

A number of other equities analysts also recently commented on the stock. Peel Hunt restated a buy rating and set a GBX 2,100 ($28.08) price objective on shares of Supergroup in a research note on Friday, November 3rd. Royal Bank of Canada downgraded shares of Supergroup to a sector performer rating and increased their price objective for the stock from GBX 1,800 ($24.07) to GBX 1,900 ($25.40) in a research note on Friday, November 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Supergroup currently has a consensus rating of Hold and an average target price of GBX 1,961 ($26.22).

Supergroup (LON:SGP) opened at GBX 2,074 ($27.73) on Tuesday. Supergroup has a 52 week low of GBX 1,435 ($19.19) and a 52 week high of GBX 2,102 ($28.11). The firm has a market cap of $1,690.00 and a PE ratio of 2,560.49.

In related news, insider Euan Sutherland sold 55,088 shares of the firm’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of GBX 1,840 ($24.60), for a total value of £1,013,619.20 ($1,355,287.07). Insiders purchased a total of 24 shares of company stock valued at $44,184 over the last quarter.

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Supergroup 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 (LON:SGP)

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