Analysts predict Super Group (SGHC) Limited (SGHC) stock to reach $7.67 in the next 12 months

Super Group (SGHC) Limited [SGHC] stock is trading at $6.08, up 2.53%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SGHC shares have gain 14.29% over the last week, with a monthly amount glided 46.51%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Super Group (SGHC) Limited [NYSE: SGHC] stock has seen the most recent analyst activity on November 07, 2024, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $6 for it. Previously, Needham reaffirmed its Buy rating on March 07, 2024, and elevated its price target to $6. On August 18, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $4.50 on the stock. Canaccord Genuity downgraded its rating to a Hold and decreased its price target to $5 on March 14, 2023. The Benchmark Company downgraded its rating to a Hold. Canaccord Genuity started tracking with a Buy rating for this stock on April 22, 2022, and assigned it a price target of $14. In a note dated March 14, 2022, Needham initiated an Buy rating and provided a target price of $11 on this stock.

Super Group (SGHC) Limited [SGHC] stock has fluctuated between $2.63 and $6.00 over the past year. Currently, Wall Street analysts expect the stock to reach $7.67 within the next 12 months. Super Group (SGHC) Limited [NYSE: SGHC] shares were valued at $6.08 at the most recent close of the market. An investor can expect a potential return of 26.15% based on the average SGHC price forecast.

Analyzing the SGHC fundamentals

Super Group (SGHC) Limited [NYSE:SGHC] reported sales of 1.69B for the trailing twelve months, which represents a growth of 13.99%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.94 points at the first support level, and at 5.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.18, and for the 2nd resistance point, it is at 6.28.

Ratios To Look Out For

For context, Super Group (SGHC) Limited’s Current Ratio is 1.41. In addition, the Quick Ratio stands at 1.41 and the Cash Ratio stands at 0.87. Considering the valuation of this stock, the price to sales ratio is 1.85, the price to book ratio is 4.94 and price to earnings (TTM) ratio is 653.76.

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