Benchmark Reiterates Buy Rating on SGHC Limited (SGHC)

Benchmark analyst Mike Hickey reiterated a Buy rating and $18.00 price target on SGHC Limited (NYSE: SGHC).

The analyst commented, "We believe Super Group exited the 3Q with strong operational momentum, supported by better-than-expected performance through the period and healthy engagement trends across key international markets. We think Q3 benefited from solid sports results, effective pricing optimization, and stable casino activity, while improved trading efficiency and operational leverage enhanced profitability across core regions. We think sports outcomes moderated somewhat following the company’s mid Sept. guidance update and into October, though engagement trends likely remained resilient. Looking ahead, we expect Ex-U.S. revenue to grow roughly 10% YoY in 4Q25, as momentum in active customers, stable hold, and disciplined cost execution continue to drive performance into year-end."

For an analyst ratings summary and ratings history on SGHC Limited click here. For more ratings news on SGHC Limited click here.

Shares of SGHC Limited closed at $11.86 yesterday.

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