Brokerages Set Superdry PLC (LON:SDRY) Target Price at GBX 504.17

Shares of Superdry PLC (LON:SDRY) have been given an average rating of “Hold” by the nine analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 504.17 ($6.63).

A number of analysts have issued reports on SDRY shares. Peel Hunt reaffirmed a “hold” rating on shares of Superdry in a research note on Wednesday, March 18th. Liberum Capital reaffirmed an “under review” rating on shares of Superdry in a research note on Wednesday, March 18th. Royal Bank of Canada raised Superdry to an “outperform” rating and raised their target price for the stock from GBX 490 ($6.45) to GBX 500 ($6.58) in a research note on Monday, January 13th. Jefferies Financial Group cut their target price on Superdry from GBX 600 ($7.89) to GBX 300 ($3.95) and set a “buy” rating for the company in a research note on Wednesday, March 18th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Superdry in a research note on Monday, January 13th.

In other Superdry news, insider Peter Williams purchased 10,916 shares of the stock in a transaction dated Monday, January 20th. The stock was acquired at an average cost of GBX 405 ($5.33) per share, for a total transaction of £44,209.80 ($58,155.49). Over the last quarter, insiders have bought 10,990 shares of company stock valued at $4,450,982.

Shares of SDRY traded up GBX 10 ($0.13) during midday trading on Monday, reaching GBX 130 ($1.71). The company had a trading volume of 663,955 shares, compared to its average volume of 154,951. Superdry has a 1-year low of GBX 60.10 ($0.79) and a 1-year high of GBX 575.50 ($7.57). The stock has a market cap of $94.07 million and a PE ratio of -0.85. The firm has a 50 day simple moving average of GBX 270.05 and a 200-day simple moving average of GBX 402.34. The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 151.63.

Superdry Company Profile

Superdry Plc engages in the design, production, and sale of clothing and accessories primarily under the Superdry brand for men and women in the United Kingdom, the Republic of Ireland, Europe, and internationally. It operates through two segments, Retail and Wholesale. The Retail segment operates stores, concessions, and various Internet sites, which sell company's own brand and third party clothing, footwear, and accessories.

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Analyst Recommendations for Superdry (LON:SDRY)

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