Superdry (LON:SDRY) Stock Rating Reaffirmed by Royal Bank of Canada

Superdry (LON:SDRYGet Rating)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank of Canada in a note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 415 ($5.18) price target on the stock. Royal Bank of Canada’s target price points to a potential upside of 153.61% from the company’s current price.

Separately, Berenberg Bank reduced their price objective on Superdry from GBX 280 ($3.50) to GBX 265 ($3.31) and set a “hold” rating for the company in a research note on Wednesday, January 26th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 376.67 ($4.71).

Shares of SDRY stock opened at GBX 163.64 ($2.04) on Tuesday. The stock has a fifty day moving average price of GBX 168.07. Superdry has a 1 year low of GBX 139 ($1.74) and a 1 year high of GBX 493 ($6.16). The company has a debt-to-equity ratio of 307.17, a current ratio of 1.19 and a quick ratio of 0.58. The stock has a market cap of £134.37 million and a price-to-earnings ratio of -7.39.

In related news, insider Alastair Miller bought 10,000 shares of the stock in a transaction dated Friday, March 25th. The shares were purchased at an average price of GBX 165 ($2.06) per share, for a total transaction of £16,500 ($20,612.12). Insiders have acquired a total of 10,251 shares of company stock worth $1,695,090 over the last ninety days.

About Superdry (Get Rating)

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 Retail and Wholesale segments. The company offers clothing, accessories, and footwear.

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Analyst Recommendations for Superdry (LON:SDRY)

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