SGP Insider Buys Stock...........8 Apr 2015 10:07
<b>Insider Buying: Supergroup PLC insider Buys 10,117 Shares of Stock (SGP)
April 2nd, 2015 Updated April 8th, 2015 - 0 comments - Filed Under - by Doug Madison</b>
Supergroup PLC (LON:SGP) insider Euan Sutherland bought 10,117 shares of the stock in a transaction that occurred on Monday, March 30th. The shares were purchased at an average cost of GBX 980.50 ($14.58) per share, for a total transaction of £99,197.19 ($147,548.99).
A number of analysts have recently weighed in on SGP shares. Analysts at RBC Capital upgraded shares of Supergroup PLC to a “sector perform” rating and set a GBX 1,000 ($14.87) price target on the stock in a research note on Monday. Analysts at Canaccord Genuity reiterated a “buy” rating and set a GBX 1,070 ($15.92) price target on shares of Supergroup PLC in a research note on Thursday, March 26th. Analysts at Liberum Capital reiterated a “buy” rating and set a GBX 1,050 ($15.62) price target on shares of Supergroup PLC in a research note on Thursday, March 26th. Finally, analysts at Investec reiterated a “buy” rating and set a GBX 1,030 ($15.32) price target on shares of Supergroup PLC in a research note on Thursday, March 19th.
Supergroup PLC (LON:SGP) opened at 942.5000 on Thursday. Supergroup PLC has a 52-week low of GBX 750.0000 and a 52-week high of GBX 1726.0000. The stock’s 50-day moving average is GBX 959.52 and its 200-day moving average is GBX 943.68. The company’s market cap is £763.07 million.
Supergroup plc is a United Kingdom-based fashion retailer offering clothing and accessories. The Company operates a multi-channel business through Superdry stores, Superdry concessions, e-Commerce and its United Kingdom and international wholesale operations. Superdry has over 135 United Kingdom and European retail stores and operates from a portfolio of concessions, franchised and licensed stores.