Analysts at JMP Securities began coverage on shares of Super Group (SGHC) (NYSE:SGHC - Get Free Report) in a report released on Monday,Benzinga reports. The brokerage set a "market outperform" rating and a $15.00 price target on the stock. JMP Securities' price objective would indicate a potential upside of 30.07% from the stock's current price.
SGHC has been the topic of a number of other reports. Craig Hallum set a $12.00 price objective on Super Group (SGHC) in a report on Monday, May 19th. Citizens Jmp started coverage on Super Group (SGHC) in a research note on Monday. They issued an "outperform" rating and a $15.00 target price on the stock. BTIG Research restated a "buy" rating on shares of Super Group (SGHC) in a research note on Tuesday, July 8th. Needham & Company LLC upped their target price on Super Group (SGHC) from $11.00 to $14.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Finally, Benchmark restated a "buy" rating and issued a $12.00 target price on shares of Super Group (SGHC) in a research note on Wednesday, April 16th. Seven equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Super Group (SGHC) has a consensus rating of "Buy" and an average target price of $13.13.
Read Our Latest Stock Report on Super Group (SGHC)
Super Group (SGHC) Stock Performance
Shares of SGHC stock opened at $11.53 on Monday. Super Group has a 52-week low of $2.94 and a 52-week high of $12.18. The firm has a market capitalization of $5.81 billion, a P/E ratio of 42.71 and a beta of 1.09. The stock has a 50 day moving average price of $9.53 and a 200 day moving average price of $7.99.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $495.96 million for the quarter, compared to the consensus estimate of $423.91 million. Super Group (SGHC) had a return on equity of 33.88% and a net margin of 7.02%. As a group, sell-side analysts forecast that Super Group will post 0.29 EPS for the current year.
Hedge Funds Weigh In On Super Group (SGHC)
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC purchased a new stake in Super Group (SGHC) in the 1st quarter valued at approximately $526,000. BNP Paribas Financial Markets purchased a new position in shares of Super Group (SGHC) during the 4th quarter worth $369,000. SG Americas Securities LLC lifted its stake in shares of Super Group (SGHC) by 105.6% during the 1st quarter. SG Americas Securities LLC now owns 140,931 shares of the company's stock worth $908,000 after purchasing an additional 72,380 shares during the period. Nuveen Asset Management LLC lifted its stake in shares of Super Group (SGHC) by 50.6% during the 4th quarter. Nuveen Asset Management LLC now owns 682,462 shares of the company's stock worth $4,252,000 after purchasing an additional 229,211 shares during the period. Finally, Millennium Management LLC increased its holdings in shares of Super Group (SGHC) by 66.1% during the 4th quarter. Millennium Management LLC now owns 1,204,663 shares of the company's stock worth $7,505,000 after buying an additional 479,440 shares during the last quarter. Institutional investors and hedge funds own 5.09% of the company's stock.
Super Group (SGHC) 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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