Super Group Limited (NYSE:SGHC - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $6.74, but opened at $6.90. Super Group shares last traded at $6.71, with a volume of 71,236 shares.
Analyst Ratings Changes
SGHC has been the subject of a number of recent analyst reports. BTIG Research started coverage on Super Group in a report on Friday. They set a "buy" rating and a $9.00 target price for the company. Needham & Company LLC boosted their price objective on shares of Super Group from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Benchmark reiterated a "buy" rating and issued a $10.00 target price on shares of Super Group in a research note on Monday, January 27th. Canaccord Genuity Group boosted their price target on shares of Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Finally, Oppenheimer increased their price objective on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 29th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $10.20.
View Our Latest Stock Analysis on Super Group
Super Group Stock Performance
The stock's 50 day simple moving average is $7.50 and its 200 day simple 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.
Super Group Dividend Announcement
The company also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a $0.04 dividend. The ex-dividend date was Monday, March 10th. This represents a yield of 3.6%. Super Group's dividend payout ratio is presently 266.67%.
Institutional Investors Weigh In On Super Group
Hedge funds have recently added to or reduced their stakes in the company. Aquatic Capital Management LLC bought a new stake in Super Group in the 4th quarter worth approximately $30,000. Walleye Capital LLC bought a new stake in shares of Super Group in the 3rd quarter worth approximately $54,000. Intech Investment Management LLC purchased a new stake in shares of Super Group in the 3rd quarter valued at $66,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Super Group in the fourth quarter worth $66,000. Finally, Xponance Inc. purchased a new stake in Super Group during the 4th quarter valued at about $67,000. Institutional investors own 5.09% of the company's stock.
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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