BTIG Lifts PT on Super Group (SGHC) Limited (SGHC) Stock to $19

Super Group (SGHC) Limited (NYSE:SGHC) is one of the Unstoppable Stocks to Buy and Hold for the Next 5 Years. On September 22, BTIG lifted the price target on the company’s stock to $19 from $14, while maintaining a “Buy” rating, as reported by The Fly. As per the analyst, Super Group (SGHC) Limited (NYSE:SGHC)’s investor day event provided a timely overview of the business at a stage where fundamentals have been improving post-closure of the US sportsbook and iGaming operations. Moving forward, the firm expects runway for revisions, several expansions, and share price upside as investors become familiar with the company’s business.

Super Group (SGHC) Limited (NYSE:SGHC) stated that Q2 2025 was supported by healthy execution throughout the key markets, a full calendar of global sporting events, higher deposits, increased customer retention, and margin expansion. Super Group (SGHC) Limited (NYSE:SGHC)’s Q2 2025 showcased the strongest quarterly financial performance in the company’s history, with revenue rising by 30% YoY and adjusted EBITDA increasing 78% YoY to $157 million, posting a healthy margin of 27%.

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Disclosure: None. This article is originally published at Insider Monkey.