Jefferies Financial Group Initiates Coverage on Superdry (LON:SDRY)

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

Other analysts also recently issued research reports about the stock. Investec downgraded 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 report on Wednesday, April 3rd. 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 report on Wednesday. UBS Group reaffirmed a hold rating and issued a $145.00 target price on shares of Baidu in a report on Friday, July 5th. Peel Hunt reaffirmed a buy rating on shares of Lookers in a report on Monday, July 8th. Finally, 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 report on Friday, June 7th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Superdry currently has an average rating of Hold and an average price target of GBX 618.33 ($8.08).

Shares of LON:SDRY opened at GBX 466.40 ($6.09) on Wednesday. The stock has a market capitalization of $382.44 million and a P/E ratio of 6.06. The company has a 50-day moving average price of GBX 471.44. 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 business also recently disclosed a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, July 18th will be issued a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 0.5%. The ex-dividend date of this dividend is Thursday, July 18th. Superdry’s dividend 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.

See Also: How Investors Can Profit from Options Trading

Analyst Recommendations for Superdry (LON:SDRY)

Receive News & Ratings for Superdry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superdry and related companies with's FREE daily email newsletter.