UP Global Sourcing Holdings PLC 60.0% potential upside indicated by Canaccord Genuity

UP Global Sourcing Holdings PLC with ticker (LON:UPGS) now has a potential upside of 60.0% according to Canaccord Genuity.



Canaccord Genuity set a target price of 200 GBX for the company, which when compared to the UP Global Sourcing Holdings PLC share price of 125 GBX at opening today (03/07/2023) indicates a potential upside of 60.0%. Trading has ranged between 90 (52 week low) and 174 (52 week high) with an average of 34,759 shares exchanging hands daily. The market capitalisation at the time of writing is £115,204,172.

UP Global Sourcing Holdings plc is a United Kingdom-based owner of homeware brands, including Salter and Beldray. The Company manages, designs, and develops a range of mass-market consumer goods brands focused on the home. The Company specializes in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling. Other brands include Progress (cookware and bakeware), Kleeneze (laundry and floorcare), Petra (small domestic appliances) and Intempo (audio). Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Its Salter brand includes cookshop, floor care, electrical SDA, and waste management products. Its Beldray brand includes laundry, bathroom, electrical, and heating products. The Company sells to over 300 retailers across more than 40 countries.