Super Group (NYSE:SGHC – Get Rating) had its target price decreased by Needham & Company LLC from $12.00 to $8.00 in a research note published on Thursday morning, The Fly reports. Needham & Company LLC currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the stock. Canaccord Genuity Group began coverage on shares of Super Group in a research report on Friday, April 22nd. They issued a buy rating and a $14.00 price target on the stock. Oppenheimer assumed coverage on shares of Super Group in a research report on Monday, March 7th. They set an outperform rating and a $11.00 target price on the stock. Benchmark lowered shares of Super Group from a buy rating to a hold rating in a research report on Wednesday. Zacks Investment Research lowered shares of Super Group from a hold rating to a sell rating in a research report on Tuesday, May 10th. Finally, Canaccord Genuity Group assumed coverage on shares of Super Group in a research report on Friday, April 22nd. They set a buy rating and a $14.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Super Group has a consensus rating of Buy and a consensus price target of $11.60.
NYSE:SGHC opened at $7.22 on Thursday. Super Group has a 12 month low of $6.00 and a 12 month high of $11.09. The company has a 50 day moving average price of $9.32.
Institutional investors and hedge funds have recently bought and sold shares of the business. Penserra Capital Management LLC acquired a new stake in Super Group during the first quarter worth $60,000. Neuberger Berman Group LLC acquired a new stake in Super Group during the first quarter worth $137,000. Toroso Investments LLC acquired a new stake in Super Group during the first quarter worth $175,000. Goldman Sachs Group Inc. acquired a new stake in Super Group during the first quarter worth $433,000. Finally, Johnson Financial Group LLC acquired a new stake in Super Group during the first quarter worth $719,000. Hedge funds and other institutional investors own 4.48% of the company’s stock.
About Super Group (Get Rating)
Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. The company is based in Saint Peter Port, Guernsey.
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