Super Group (SGHC) Scheduled to Post Quarterly Earnings on Wednesday

Super Group (NYSE:SGHCGet Rating) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 25th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

SGHC stock opened at $8.95 on Wednesday. The stock has a 50-day simple moving average of $9.40. Super Group has a 1-year low of $6.82 and a 1-year high of $11.09.

A number of equities research analysts have weighed in on SGHC shares. Benchmark lowered their target price on Super Group from $16.00 to $14.00 in a report on Thursday, April 14th. Oppenheimer started coverage on shares of Super Group in a research note on Monday, March 7th. They issued an “outperform” rating and a $11.00 price objective for the company. Canaccord Genuity Group started coverage on shares of Super Group in a research note on Friday, April 22nd. They set a “buy” rating and a $14.00 target price on the stock. Zacks Investment Research downgraded shares of Super Group from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. Finally, Canaccord Genuity Group started coverage on shares of Super Group in a report on Friday, April 22nd. They set a “buy” rating and a $14.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $13.00.

An institutional investor recently bought a new position in Super Group stock. Penserra Capital Management LLC acquired a new position in shares of Super Group Limited (NYSE:SGHCGet Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,689 shares of the company’s stock, valued at approximately $60,000. 4.48% of the stock is owned by hedge funds and other institutional investors.

Super Group Company Profile (Get Rating)

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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