Oppenheimer upgraded Super Group (SGHC) to Outperform from Perform with a $6 price target The firm sees Super Group’s “solid execution” in the key regions of Africa, Europe and Canada generating a more consistent earnings profile, evident by management raising its 2024 core EBITDA guidance by 15%. It expects potential upside from the company expanding the Spin brand into additional markets.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SGHC:
- Super Group Achieves Record Third-Quarter Growth
- Super Group reports Q3 EPS EUR 1.66 vs. EUR 1.97 last year
- Bet On It: Breaking down third quarter earnings
- Bet On It: DOJ supports lawsuit alleging price fixing at Las Vegas hotels
- Bet On It: Diamond Sports and FanDuel reach naming rights agreement
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
