Connect with us

Business

Leading broker tips Super Retail (ASX:SUL) share price to rocket higher

Published

on

ADVERTISEMENT

The Super Retail Group Ltd (ASX: SUL) share price has been a strong performer over the last six months.

During this period, the retail conglomerate’s shares have charged an impressive 42% higher.

Can the Super Retail share price go even higher?

If you missed out on the stellar gains made by the Super Retail share price over the last six months, don’t worry. This is because one leading broker believes they can go a lot higher from here.

In response to its impressive trading update earlier this week, Goldman Sachs has reiterated its buy rating and lifted the price target on Super Retail’s shares to $14.80.

Based on the current Super Retail share price, this price target implies potential upside of 29% for its shares over the…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Solar households face tougher rules – The Australian Financial Review
Smartgroup (ASX:SIQ) share price hit by 25% fall in profit