Superdry PLC (LON:SDRY) Given Average Rating of “Hold” by Brokerages

Shares of Superdry PLC (LON:SDRY) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 811.67 ($10.61).

Several research firms recently commented on SDRY. Peel Hunt reissued a “hold” rating on shares of Superdry in a research note on Tuesday, March 5th. UBS Group reaffirmed a “neutral” rating on shares of Superdry in a research report on Monday, April 29th. Royal Bank of Canada lowered their price objective on Superdry from GBX 520 ($6.79) to GBX 500 ($6.53) and set a “sector performer” rating for the company in a research report on Friday, June 7th. Liberum Capital raised Superdry to a “buy” rating and upped their price objective for the stock from GBX 500 ($6.53) to GBX 600 ($7.84) in a research report on Wednesday, May 22nd. Finally, Investec cut Superdry to a “hold” rating and lowered their price objective for the stock from GBX 600 ($7.84) to GBX 500 ($6.53) in a research report on Wednesday, April 3rd.

SDRY opened at GBX 500.50 ($6.54) on Friday. Superdry has a 12 month low of GBX 354 ($4.63) and a 12 month high of GBX 1,406 ($18.37). The firm has a market cap of $410.39 million and a P/E ratio of 6.50.

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.

Further Reading: What are the benefits of momentum investing?

Analyst Recommendations for Superdry (LON:SDRY)

Receive News & Ratings for Superdry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superdry and related companies with MarketBeat.com's FREE daily email newsletter.