Canaccord raised the firm’s price target on Super Group (SGHC) to $17 from $15 and keeps a Buy rating on the shares. The firm said they reported strong Q2 results that were well ahead of already heightened expectations following a preannouncement last month. The company produced record quarterly revenue and adj. EBITDA as operating momentum in key growth markets across Africa and Europe persisted over recent months, with efficient user acquisition complemented by ongoing product improvements that are fueling greater engagement and monetization.
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Read More on SGHC:
- Super Group Reports Record Q2 2025 Financial Results
- Strong Q2 Performance and Upward Guidance Revision Bolster Buy Rating for Super Group (SGHC)
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