RE: SUPER GROUP DIRECTOR BUYS1 Apr 2015 10:15
<b>Supergroup PLC insider Buys £99,197.19 in Stock (SGP)
Posted by Shane Hupp on Mar 31st, 2015</b>
Supergroup PLC (LON:SGP) insider Euan Sutherland purchased 10,117 shares of the company’s stock on the open market in a transaction that occurred on Monday, March 30th. The stock was purchased at an average price of GBX 980.50 ($14.58) per share, for a total transaction of £99,197.19 ($147,548.99).
Supergroup PLC (LON:SGP) opened at 964.000 on Tuesday. Supergroup PLC has a one year low of GBX 750.000 and a one year high of GBX 1746.000. The stock has a 50-day moving average of GBX 963.1 and a 200-day moving average of GBX 947.5. The company’s market cap is £780.47 million.
SGP has been the subject of a number of recent research reports. 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 is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale. Retail segment includes the operation of the United Kingdom, Republic of Ireland and European stores, concessions and all Internet sites. Wholesale includes the ownership of brands, wholesale distribution of own brand products (LON:SGP) worldwide and trade sales.