Superdry PLC (LON:SDRY) Receives Average Rating of “Hold” from Analysts

Superdry PLC (LON:SDRY) has received a consensus rating of “Hold” from the eight analysts that are covering the company, reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 620 ($8.10).

SDRY has been the topic of a number of recent research reports. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 650 ($8.49) price objective on shares of Superdry in a research note on Monday, July 29th. UBS Group reaffirmed a “neutral” rating on shares of Superdry in a research note on Friday, July 5th. Peel Hunt reaffirmed a “hold” rating on shares of Superdry in a research note on Monday, July 8th. Morgan Stanley started coverage on shares of Superdry in a research note on Monday, July 22nd. They issued an “overweight” rating and a GBX 890 ($11.63) price objective on the stock. Finally, Royal Bank of Canada lifted their price target on shares of Superdry from GBX 500 ($6.53) to GBX 560 ($7.32) and gave the stock a “sector performer” rating in a research report on Thursday, July 25th.

In related news, insider Simon Callander sold 5,061 shares of the firm’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of GBX 415 ($5.42), for a total transaction of £21,003.15 ($27,444.34). Also, insider Julian Dunkerton acquired 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were bought at an average price of GBX 398 ($5.20) per share, for a total transaction of £199,000 ($260,028.75). Over the last three months, insiders have bought 50,065 shares of company stock worth $19,930,124.

SDRY stock traded down GBX 15 ($0.20) during midday trading on Friday, reaching GBX 380.20 ($4.97). The company’s stock had a trading volume of 289,770 shares, compared to its average volume of 154,951. Superdry has a 52 week low of GBX 354 ($4.63) and a 52 week high of GBX 1,232 ($16.10). The stock has a market capitalization of $311.76 million and a PE ratio of -3.16. The stock’s 50-day moving average price is GBX 433.45.

The company also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, July 18th will be given a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date is Thursday, July 18th. This represents a dividend yield of 0.5%. Superdry’s dividend payout ratio is -0.10%.

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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