Zacks Investment Research Upgrades SUPERDRY PLC/ADR (OTCMKTS:SEPGY) to Buy
SUPERDRY PLC/ADR (OTCMKTS:SEPGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, Zacks.com reports. The brokerage currently has a $6.00 target price on the stock. Zacks Investment Research‘s price objective would suggest a potential upside of 12.57% from the stock’s current price.
According to Zacks, “Superdry PLC provides retail stores of clothing and accessories. The Company offers jackets, coats, windcheaters, hoodies, tops, jumpers, knit wear, dresses, jeans, joggers, trousers, skirts, swimwear, bags, socks, watches, sunglasses, boots, flip flops and snow pants. Superdry PLC, formerly known as SuperGroup Plc, is headquartered in Cheltenham, the United Kingdom. “
SUPERDRY PLC/ADR stock traded up $0.01 during mid-day trading on Thursday, hitting $5.33. The company had a trading volume of 120 shares, compared to its average volume of 458. SUPERDRY PLC/ADR has a 1 year low of $4.88 and a 1 year high of $10.29. The business has a fifty day moving average of $5.47 and a 200 day moving average of $5.78.
Superdry Plc engages in the design, production, and sale of clothing and accessories primarily under the Superdry brand for men and women in the United Kingdom, the Republic of Ireland, Europe, and internationally. It operates through two segments, Retail and Wholesale. The Retail segment operates stores, concessions, and various Internet sites, which sell company's own brand and third party clothing, footwear, and accessories.
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