Superdry (LON:SDRY) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group initiated coverage on shares of Superdry (LON:SDRY) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports. The firm issued a buy rating on the stock.

A number of other research analysts have also recently weighed in on SDRY. Peel Hunt restated a buy rating on shares of Lookers in a research note on Monday, July 8th. Investec cut shares of Superdry to a hold rating and lowered their target price for the company from GBX 600 ($7.84) to GBX 500 ($6.53) in a research note on Wednesday, April 3rd. UBS Group restated a hold rating and set a $145.00 target price on shares of Baidu in a research note on Friday, July 5th. Royal Bank of Canada lowered their target price on shares of Saputo from C$52.00 to C$50.00 and set an outperform rating on the stock in a research note on Friday, June 7th. Finally, Liberum Capital lowered their target price on shares of Superdry from GBX 600 ($7.84) to GBX 500 ($6.53) and set a buy rating on the stock in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 618.33 ($8.08).

SDRY opened at GBX 466.40 ($6.09) on Wednesday. Superdry has a fifty-two week low of GBX 354 ($4.63) and a fifty-two week high of GBX 1,399 ($18.28). The company’s fifty day moving average price is GBX 471.44. The stock has a market cap of $382.44 million and a PE ratio of 6.06.

The business also recently declared a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, July 18th will be paid a GBX 2.20 ($0.03) dividend. This represents a yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 18th. Superdry’s payout ratio is currently 0.40%.

Superdry Company Profile

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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Analyst Recommendations for Superdry (LON:SDRY)

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