Super Group (SGHC) (NYSE:SGHC – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.
Other equities research analysts have also recently issued research reports about the stock. JMP Securities assumed coverage on shares of Super Group (SGHC) in a research report on Monday, July 14th. They set a “market outperform” rating and a $15.00 price target for the company. BTIG Research restated a “buy” rating on shares of Super Group (SGHC) in a report on Tuesday, July 8th. Benchmark boosted their price objective on shares of Super Group (SGHC) from $14.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, August 7th. Citizens Jmp started coverage on shares of Super Group (SGHC) in a report on Monday, July 14th. They set a “strong-buy” rating and a $15.00 price objective for the company. Finally, Citigroup started coverage on shares of Super Group (SGHC) in a research note on Monday, July 14th. They issued an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Super Group (SGHC) has an average rating of “Buy” and an average target price of $13.88.
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Super Group (SGHC) Stock Down 2.5%
Shares of SGHC stock opened at $12.64 on Friday. Super Group has a 12-month low of $3.44 and a 12-month high of $13.47. The company has a market capitalization of $6.36 billion, a P/E ratio of 48.62 and a beta of 1.09. The firm has a 50-day moving average price of $11.55 and a 200 day moving average price of $9.35.
Super Group (SGHC) (NYSE:SGHC – Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.02). The company had revenue of $579.00 million during the quarter, compared to analyst estimates of $503.00 million. Super Group (SGHC) had a net margin of 6.42% and a return on equity of 36.68%. As a group, research analysts expect that Super Group will post 0.29 earnings per share for the current year.
Institutional Trading of Super Group (SGHC)
A number of hedge funds and other institutional investors have recently bought and sold shares of SGHC. Quarry LP grew its stake in shares of Super Group (SGHC) by 364.3% in the 1st quarter. Quarry LP now owns 3,988 shares of the company’s stock worth $26,000 after acquiring an additional 3,129 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Super Group (SGHC) by 132.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock worth $27,000 after acquiring an additional 1,396 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Super Group (SGHC) by 4,606.6% in the 1st quarter. GAMMA Investing LLC now owns 4,283 shares of the company’s stock worth $28,000 after acquiring an additional 4,192 shares in the last quarter. Pacer Advisors Inc. grew its stake in shares of Super Group (SGHC) by 56.6% in the 1st quarter. Pacer Advisors Inc. now owns 4,600 shares of the company’s stock worth $30,000 after acquiring an additional 1,662 shares in the last quarter. Finally, Signaturefd LLC grew its stake in shares of Super Group (SGHC) by 95.9% in the 1st quarter. Signaturefd LLC now owns 5,439 shares of the company’s stock worth $35,000 after acquiring an additional 2,662 shares in the last quarter. Institutional investors own 5.09% of the company’s stock.
Super Group (SGHC) 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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