Super Group (NYSE:SGHC) Given “Buy” Rating at Benchmark

Benchmark restated their buy rating on shares of Super Group (NYSE:SGHC) in a report published on Monday morning,Benzinga reports. They currently have a $10.00 target price on the stock.

SGHC has been the topic of a number of other reports. Oppenheimer upped their target price on shares of Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Canaccord Genuity Group upgraded Super Group from a “hold” rating to a “buy” rating and upped their price objective for the company from $5.00 to $10.00 in a research note on Friday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $9.00 price objective on shares of Super Group in a research report on Wednesday, January 22nd.

Super Group Trading Up 0.7 %

Shares of SGHC opened at $7.96 on Monday. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 132.62 and a beta of 0.95. The company’s fifty day simple moving average is $6.39 and its 200 day simple moving average is $4.72. Super Group has a 1-year low of $2.90 and a 1-year high of $7.99.

Super Group Dividend Announcement

The firm also recently declared a — dividend, which was paid on Wednesday, January 8th. Investors of record on Monday, December 23rd were given a dividend of $0.15 per share. This represents a yield of 5.7%. The ex-dividend date was Monday, December 23rd. Super Group’s dividend payout ratio is 166.67%.

Institutional Trading of Super Group

A number of institutional investors have recently bought and sold shares of SGHC. Renaissance Technologies LLC increased its holdings in shares of Super Group by 82.1% during the second quarter. Renaissance Technologies LLC now owns 295,600 shares of the company’s stock worth $955,000 after purchasing an additional 133,300 shares during the period. XTX Topco Ltd boosted its position in shares of Super Group by 47.3% during the 2nd quarter. XTX Topco Ltd now owns 44,948 shares of the company’s stock worth $145,000 after acquiring an additional 14,440 shares in the last quarter. ProShare Advisors LLC increased its stake in Super Group by 49.1% in the second quarter. ProShare Advisors LLC now owns 36,556 shares of the company’s stock valued at $118,000 after acquiring an additional 12,037 shares during the last quarter. AQR Capital Management LLC acquired a new position in Super Group during the second quarter valued at approximately $77,000. Finally, The Manufacturers Life Insurance Company lifted its stake in Super Group by 10.1% during the second quarter. The Manufacturers Life Insurance Company now owns 54,572 shares of the company’s stock worth $176,000 after purchasing an additional 5,005 shares during the last quarter. Institutional investors own 5.09% of the company’s stock.

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.