Super Group (NYSE:SGHC – Get Rating) had its price objective decreased by Needham & Company LLC from $7.00 to $5.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s price objective would suggest a potential upside of 38.12% from the company’s previous close.
Separately, Oppenheimer cut shares of Super Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 16th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.00.
Super Group Stock Down 2.2 %
SGHC opened at $3.62 on Wednesday. The firm’s fifty day moving average price is $3.90 and its 200 day moving average price is $4.75. Super Group has a 12-month low of $3.32 and a 12-month high of $11.09.
Institutional Trading of Super Group
Super Group Company Profile
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. The company is based in Saint Peter Port, Guernsey.
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