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New: Instantly spot drawdowns, dips, insider moves, and breakout themes across Maps and Screener.
Super Group Limited (NYSE:SGHC) is one of the 10 Cheap Stocks with Huge Upside Potential. Bernie McTernan, an analyst at Needham, reiterated his Buy rating on the stock, along with the price target of $17, on January 14. The firm’s price target implies a further 75.1% upside from the current levels.
Moreover, according to a report released on January 13, Canaccord Genuity reaffirmed its Buy rating along with the price target of $18 for the stock. The firm’s price target suggests an additional 85.5% upside from current levels. This upside is consistent with the median analyst estimate, based on 8 analysts covering the stock.
On December 31, Benchmark named the stock a 2026 EDM Top Idea, citing a strong conviction that the company is entering a multi-year phase of earnings compounding. The firm believed that the stock offers a compelling risk-reward profile ahead of a 2026 catalyst calendar, which includes the new market expansion, World Cup, and the rollout of the Super Coin initiative. Analyst Mike Hickey from Benchmark maintained his Buy rating on the stock. He also reaffirmed the $17 price target for the shares, offering an attractive 71% upside from current levels.
Super Group Limited (NYSE:SGHC) is an online sports betting and gaming operator. It provides an online sports betting and casino offering, Betway, and a multi-brand online casino, Spin. The company operates across the Middle East, Europe, Africa, the Asia-Pacific, North America, and South/Latin America. It is headquartered in Saint Peter Port, Guernsey.
While we acknowledge the potential of SGHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.
Disclosure: None. This article is originally published at Insider Monkey.
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