Super Retail Group Limited (SUL) Receives a Sell from Morgan Stanley
In a report released today, Melinda Baxter from Morgan Stanley maintained a Sell rating on Super Retail Group Limited (SUL – Research Report), with a price target of A$12.20. The company's shares opened today at A$13.18.
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According to TipRanks, Baxter is an analyst with an average return of -7.4% and a 36.59% success rate. Baxter covers the Consumer Defensive sector, focusing on stocks such as Treasury Wine Estates Limited, Woolworths Group Ltd, and Coles Group.
Currently, the analyst consensus on Super Retail Group Limited is a Moderate Buy with an average price target of A$15.71.
The company has a one-year high of A$18.40 and a one-year low of A$12.06. Currently, Super Retail Group Limited has an average volume of 764.3K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SUL in relation to earlier this year.
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