Liberum Capital Reiterates Hold Rating for Superdry (SDRY)

Superdry (LON:SDRY)‘s stock had its “hold” rating reissued by equities researchers at Liberum Capital in a report issued on Thursday.

SDRY has been the subject of several other reports. Peel Hunt reaffirmed a “buy” rating on shares of Superdry in a report on Wednesday, October 3rd. Berenberg Bank reduced their price objective on Superdry from GBX 1,920 ($25.09) to GBX 1,200 ($15.68) and set a “buy” rating for the company in a report on Tuesday, October 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 1,500 ($19.60) price objective on shares of Superdry in a report on Monday, October 15th. Finally, Deutsche Bank raised Superdry to a “buy” rating and lifted their price objective for the stock from GBX 1,430 ($18.69) to GBX 1,610 ($21.04) in a report on Wednesday, July 11th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Superdry presently has an average rating of “Buy” and a consensus target price of GBX 1,400 ($18.29).

SDRY stock traded down GBX 32.50 ($0.42) during midday trading on Thursday, hitting GBX 799.50 ($10.45). 586,426 shares of the stock were exchanged, compared to its average volume of 154,951. Superdry has a fifty-two week low of GBX 1,438 ($18.79) and a fifty-two week high of GBX 2,102 ($27.47).

In other Superdry news, insider Euan Sutherland sold 3,480 shares of the firm’s stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of GBX 1,126 ($14.71), for a total transaction of £39,184.80 ($51,201.88).

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, 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.

Recommended Story: Understanding Price to Earnings Ratio (PE)

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.

Leave a Reply