tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Super Group price target raised to $17 from $15 at Canaccord

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.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1