Super Group Limited (NYSE:SGHC – Get Free Report)’s stock price gapped up before the market opened on Friday after Oppenheimer raised their price target on the stock from $6.00 to $9.00. The stock had previously closed at $6.75, but opened at $6.95. Oppenheimer currently has an outperform rating on the stock. Super Group shares last traded at $6.80, with a volume of 70,503 shares traded.
Other equities analysts have also issued reports about the stock. Needham & Company LLC raised their price objective on shares of Super Group from $7.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday. Benchmark increased their price target on shares of Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Thursday, November 7th.
Check Out Our Latest Stock Report on SGHC
Hedge Funds Weigh In On Super Group
Super Group Stock Performance
The stock has a 50 day simple moving average of $5.26 and a 200 day simple moving average of $4.08. The firm has a market capitalization of $3.36 billion, a PE ratio of 112.50 and a beta of 0.95.
Super Group Dividend Announcement
The company also recently declared a — dividend, which will be paid on Wednesday, January 8th. Investors of record on Monday, December 23rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a yield of 5.7%. Super Group’s dividend payout ratio is currently 166.67%.
Super Group Company Profile
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. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.
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