The price of SGHC is predicted to go up -26.75%, based on the high correlation periods with BLBX. The similarity of these two price pattern on the periods is 99.23%.
SGHC
BLBX
Down: -26.75%Similarity: 99.23%
SGHC Revenue Forecast
SGHC EPS Forecast
SGHC FAQs
What is bull’s view on SGHC?
SGHC stock is currently trading at $8.02, above the average analyst target of $7.25, with bullish sentiment driven by strong Q4 growth and favorable market conditions. Analysts like Canaccord Genuity have upgraded the stock to "Strong Buy," raising the price target to $10, citing robust performance in Europe and Africa. Oppenheimer recently increased its target to $11, reflecting confidence in SGHC's strategic focus and margin expansion potential.
What is bear's view on SGHC?
SGHC stock, currently trading at $7.90, is viewed bearishly due to its valuation concerns after surpassing the average analyst target price of $7.25. Analysts may consider the stock overvalued, as some have targets as low as $5.00, reflecting skepticism about its future growth. Additionally, the recent rally could prompt profit-taking, increasing downside risk.
What is SGHC revenue forecast for next quarter?
The market consensus for SGHC's revenue in the upcoming quarter is projected to be approximately $413M EUR.
Canaccord upgraded Super Group to Buy from Hold with a price target of $10, up from $5. The company's "robust" Q4 growth was likely driven by a combination of factors, including favorable soccer outcomes across Europe and continued momentum in Africa, the analyst tells investors in a research note. While the shares have more than doubled over the past year, Canaccord currently finds Super Group's valuation "more attractive than ever" now that the company has completed its exit from the U.S. sports betting market and is focusing investments on those countries where it sees a clear path to sustainable growth. It cites a clear path to continued sales growth and consolidated margin expansion going forward for the upgrade.