Stock analysts at BTIG Research started coverage on shares of Super Group (NYSE:SGHC - Get Free Report) in a note issued to investors on Friday, MarketBeat.com reports. The firm set a "buy" rating and a $9.00 price target on the stock. BTIG Research's price objective indicates a potential upside of 39.00% from the company's current price.
A number of other brokerages have also weighed in on SGHC. Benchmark reaffirmed a "buy" rating and set a $10.00 target price on shares of Super Group in a research report on Monday, January 27th. Oppenheimer boosted their target price on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Needham & Company LLC lifted their price objective on shares of Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Finally, Canaccord Genuity Group lifted their price objective on shares of Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $10.20.
Check Out Our Latest Analysis on Super Group
Super Group Price Performance
Shares of SGHC traded up $0.04 during midday trading on Friday, hitting $6.48. The stock had a trading volume of 248,344 shares, compared to its average volume of 574,037. Super Group has a 1 year low of $2.90 and a 1 year high of $8.51. The stock's 50 day moving average is $7.50 and its 200 day moving average is $6.02. The firm has a market cap of $3.22 billion, a PE ratio of 108.27 and a beta of 1.00.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of SGHC. Aquatic Capital Management LLC acquired a new position in Super Group in the 4th quarter valued at $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Super Group in the 4th quarter valued at $66,000. Xponance Inc. acquired a new stake in shares of Super Group during the fourth quarter valued at about $67,000. DGS Capital Management LLC acquired a new stake in Super Group in the 4th quarter valued at approximately $73,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Super Group in the fourth quarter valued at $75,000. 5.09% of the stock is owned by hedge funds and other institutional investors.
Super Group Company Profile
(
Get Free Report)
Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.
Read More
Before you consider Super Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Group wasn't on the list.
While Super Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
