Shares of Superdry PLC (LON:SDRY) have earned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 504.17 ($6.63).
SDRY has been the topic of a number of recent research reports. Jefferies Financial Group dropped their target price on Superdry from GBX 600 ($7.89) to GBX 300 ($3.95) and set a “buy” rating on the stock in a report on Wednesday, March 18th. Peel Hunt reissued a “hold” rating on shares of Superdry in a report on Wednesday, March 18th. UBS Group reissued a “neutral” rating on shares of Superdry in a report on Monday, January 13th. Berenberg Bank lowered Superdry to a “sell” rating and dropped their target price for the company from GBX 650 ($8.55) to GBX 285 ($3.75) in a report on Wednesday, February 26th. Finally, Liberum Capital reissued an “under review” rating on shares of Superdry in a report on Wednesday, March 18th.
In other Superdry news, insider Peter Williams purchased 10,916 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The shares were purchased 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 90 days, insiders purchased 10,990 shares of company stock worth $4,450,982.
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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