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Needham Keeps Their Buy Rating on Super Group (SGHC) (SGHC)

In a report released today, Bernie McTernan from Needham reiterated a Buy rating on Super Group (SGHC) (SGHCResearch Report), with a price target of $5.00. The company’s shares opened today at $3.29.

According to TipRanks, McTernan is an analyst with an average return of -18.8% and a 29.76% success rate. McTernan covers the Services sector, focusing on stocks such as DraftKings, Airbnb, and Super Group (SGHC).

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Super Group (SGHC) with a $5.00 average price target.

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Based on Super Group (SGHC)’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $320.82 million and a net profit of $298.56 million. In comparison, last year the company earned a revenue of $311.81 million and had a net profit of $38.57 million

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