Superdry’s (SDRY) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Superdry (LON:SDRY) in a report released on Thursday morning, Digital Look reports. The brokerage currently has a GBX 600 ($7.84) target price on the stock.

A number of other analysts have also recently commented on SDRY. Liberum Capital restated a buy rating and issued a GBX 600 ($7.84) price objective on shares of Superdry in a research report on Thursday. Morgan Stanley assumed coverage on Superdry in a report on Monday, July 22nd. They set an overweight rating and a GBX 890 ($11.63) target price for the company. Peel Hunt reiterated a hold rating and set a GBX 550 ($7.19) target price on shares of Superdry in a report on Thursday. Royal Bank of Canada lowered their target price on Superdry from GBX 560 ($7.32) to GBX 490 ($6.40) and set a sector performer rating for the company in a report on Monday, October 28th. Finally, Berenberg Bank reiterated a hold rating and set a GBX 650 ($8.49) target price on shares of Superdry in a report on Monday, July 29th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 585.56 ($7.65).

LON:SDRY traded up GBX 8 ($0.10) during trading hours on Thursday, hitting GBX 479.80 ($6.27). 161,385 shares of the stock were exchanged, compared to its average volume of 154,951. The company’s 50 day moving average is GBX 422.34 and its two-hundred day moving average is GBX 441.91. 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.

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.

Featured Article: Ex-Dividend

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.