Superdry plc : Offers a growth potential
By Etienne Veber
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 1,348 | GBX 0 | GBX 1,280 | -100% |
The company characterizes by great growth and strong profitability. Upward revisions have been made on EPS and earnings in a two-year horizon.
Technically, the stock trades close to its short term level at GBp 1306 that constitutes a support for the midterm and long term positive trend.
Therefore, a long trade could be opened over the short-term support of GBp 1306. The main target will be set at GBp 1456. The stop-loss could be triggered once the support broke.