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.
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