Supreme PLC 63.5% potential upside indicated by Berenberg Bank

Supreme PLC with ticker (LON:SUP) now has a potential upside of 63.5% according to Berenberg Bank.



Berenberg Bank set a target price of 170 GBX for the company, which when compared to the Supreme PLC share price of 104 GBX at opening today (28/04/2023) indicates a potential upside of 63.5%. Trading has ranged between 70 (52 week low) and 164 (52 week high) with an average of 197,149 shares exchanging hands daily. The market capitalisation at the time of writing is £120,665,375.

Supreme plc is a manufacturer, distributor and brand owner of fast-moving consumer products. The Company supplies products across five key categories: batteries, lighting, vaping, sports nutrition & wellness, and branded household consumer goods. The Company offers a range of dry cell, disposable, lithium, specialist and rechargeable batteries that are used worldwide every day. It also offers point of sale (PoS) displays for all of its battery brands. Its household battery brands, include Energizer, Duracell, JCB, Panasonic, and others. Its lighting category distributes a range of products to the retail and trade markets, including light-emitting diode (LED) lightbulbs, internal and external light fittings and smart lighting. It offers a range of vaping devices and accessories under its 88Vape and Kik brands. Its sports nutrition & wellness category offers a range of protein powders, snacks and drinks under its Sealions, Millions & Millions, Sci-MX and Protein Dynamix brands.