Super Group (NYSE:SGHC - Free Report) had its price objective upped by Oppenheimer from $6.00 to $9.00 in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock.
Other research analysts have also recently issued research reports about the stock. Needham & Company LLC upped their target price on shares of Super Group from $7.00 to $9.00 and gave the company a "buy" rating in a research report on Wednesday. Benchmark increased their price objective on shares of Super Group from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th.
Check Out Our Latest Stock Report on SGHC
Super Group Trading Up 0.1 %
SGHC traded up $0.01 on Friday, hitting $6.76. 833,128 shares of the company's stock were exchanged, compared to its average volume of 453,605. The firm has a 50-day moving average price of $5.21 and a 200-day moving average price of $4.06. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 112.52 and a beta of 0.95. Super Group has a fifty-two week low of $2.63 and a fifty-two week high of $7.12.
Super Group Dividend Announcement
The firm also recently declared a -- dividend, which will be paid on Wednesday, January 8th. Investors of record on Monday, December 23rd will be paid a dividend of $0.15 per share. This represents a yield of 5.7%. The ex-dividend date is Monday, December 23rd. Super Group's dividend payout ratio is currently 166.69%.
Institutional Trading of Super Group
A number of hedge funds have recently added to or reduced their stakes in the stock. Helikon Investments Ltd acquired a new position in Super Group during the third quarter worth $6,431,000. American Century Companies Inc. increased its stake in shares of Super Group by 6,842.6% during the 2nd quarter. American Century Companies Inc. now owns 973,290 shares of the company's stock worth $3,144,000 after purchasing an additional 959,271 shares in the last quarter. State Street Corp lifted its stake in Super Group by 8.5% in the 3rd quarter. State Street Corp now owns 2,490,833 shares of the company's stock valued at $9,042,000 after buying an additional 194,460 shares in the last quarter. Barclays PLC lifted its position in shares of Super Group by 141.1% in the third quarter. Barclays PLC now owns 269,435 shares of the company's stock valued at $978,000 after acquiring an additional 157,693 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its stake in shares of Super Group by 133.3% during the third quarter. GSA Capital Partners LLP now owns 237,778 shares of the company's stock valued at $863,000 after acquiring an additional 135,865 shares during the last quarter. 5.09% of the stock is owned by institutional investors and hedge funds.
Super Group Company Profile
(
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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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