Peel Hunt Reiterates Hold Rating for Superdry (LON:SDRY)

Peel Hunt reiterated their hold rating on shares of Superdry (LON:SDRY) in a research note issued to investors on Thursday morning, LSE.Co.UK reports. Peel Hunt currently has a GBX 550 ($7.19) price objective on the stock.

A number of other equities research analysts have also weighed in on the company. Morgan Stanley initiated coverage on Superdry in a research note on Monday, July 22nd. They set an overweight rating and a GBX 890 ($11.63) price objective for the company. Liberum Capital restated a buy rating and set a GBX 600 ($7.84) price objective on shares of Superdry in a research note on Thursday. Berenberg Bank restated a hold rating and set a GBX 650 ($8.49) price objective on shares of Superdry in a research note on Monday, July 29th. Jefferies Financial Group restated a buy rating and set a GBX 600 ($7.84) price objective on shares of Superdry in a research note on Thursday. Finally, Peel Hunt restated a hold rating and set a GBX 550 ($7.19) price objective on shares of Superdry in a research note on Thursday. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 585.56 ($7.65).

Shares of SDRY stock traded up GBX 8 ($0.10) during trading hours on Thursday, reaching GBX 479.80 ($6.27). The company had a trading volume of 161,385 shares, compared to its average volume of 154,951. Superdry has a twelve month low of GBX 354 ($4.63) and a twelve month high of GBX 893.50 ($11.68). The company has a market capitalization of $394.59 million and a P/E ratio of -3.99. The stock’s fifty day simple moving average is GBX 422.34 and its 200 day simple moving average is GBX 441.91.

About Superdry

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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