Superdry PLC (LON:SDRY) has received an average recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 620 ($8.10).
A number of research firms recently issued reports on SDRY. Berenberg Bank reiterated a “hold” rating and set a GBX 650 ($8.49) price objective on shares of Superdry in a research report on Monday, July 29th. Jefferies Financial Group began coverage on shares of Superdry in a research report on Wednesday, July 10th. They set a “buy” rating for the company. Morgan Stanley began coverage on shares of Superdry in a research report on Monday, July 22nd. They set an “overweight” rating and a GBX 890 ($11.63) price objective for the company. UBS Group reiterated a “neutral” rating on shares of Superdry in a research report on Friday, July 5th. Finally, Royal Bank of Canada upped their price objective 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 other news, insider Julian Dunkerton acquired 50,000 shares of Superdry stock in a transaction dated Tuesday, August 6th. The shares were bought at an average cost of GBX 398 ($5.20) per share, with a total value of £199,000 ($260,028.75). Also, insider Simon Callander sold 5,061 shares of the company’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). Over the last 90 days, insiders acquired 50,065 shares of company stock valued at $19,930,124.
SDRY stock traded down GBX 15 ($0.20) during trading on Friday, reaching GBX 380.20 ($4.97). 289,770 shares of the company were exchanged, compared to its average volume of 154,951. The business’s 50-day moving average is GBX 433.45. The company has a market capitalization of $311.76 million and a P/E ratio of -3.16. Superdry has a twelve month low of GBX 354 ($4.63) and a twelve month high of GBX 1,232 ($16.10).
The firm also recently declared a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, July 18th will be given a GBX 2.20 ($0.03) dividend. This represents a yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 18th. Superdry’s dividend payout ratio (DPR) is currently -0.10%.
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, 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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