In a report released today, Ryan Sigdahl from Craig-Hallum reiterated a Buy rating on Super Group (SGHC), with a price target of $18.00. The company’s shares closed yesterday at $13.35.
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Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Flutter Entertainment PLC, Super Group (SGHC), and Inspired Entertainment. According to TipRanks, Sigdahl has an average return of 11.8% and a 46.45% success rate on recommended stocks.
Currently, the analyst consensus on Super Group (SGHC) is a Strong Buy with an average price target of $16.89.
Based on Super Group (SGHC)’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $579 million and a GAAP net loss of $4 million. In comparison, last year the company earned a revenue of $414.75 million and had a GAAP net loss of $791 thousand
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