Superdry (SDRY) Receives Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Superdry (LON:SDRY) in a report released on Tuesday morning.

A number of other research analysts also recently commented on SDRY. Liberum Capital upped their price objective on shares of Superdry from GBX 1,750 ($24.56) to GBX 2,100 ($29.48) and gave the company a hold rating in a research note on Wednesday, January 10th. Berenberg Bank upped their price objective on shares of Superdry from GBX 2,050 ($28.78) to GBX 2,260 ($31.72) and gave the company a buy rating in a research note on Monday, January 15th. Finally, JPMorgan Chase started coverage on shares of Superdry in a research note on Thursday, February 1st. They set an overweight rating and a GBX 2,170 ($30.46) price objective for the company.

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LON SDRY opened at GBX 1,563 ($21.94) on Tuesday. Superdry has a 12 month low of GBX 1,438 ($20.19) and a 12 month high of GBX 2,102 ($29.51).

In other news, insider Julian Dunkerton sold 1,000,000 shares of the company’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of GBX 1,780 ($24.99), for a total transaction of £17,800,000 ($24,985,962.94).

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About Superdry

Superdry PLC, formerly 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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