Australia's Super Retail recovers from plunge; Macquarie lowers PT

SUPER RETAIL

24/10/2025 04:32

** Shares of Super Retail Group SUL.AX up 1.9% at A$16.77
** Shares of retailer closed 4% lower on Thursday after posting lower performance in Supercheap and BCF segments
** Macquarie reduces price target by 11% to A$17.30, after lowering earnings forecasts to reflect a weaker trading update from Supercheap and BCF

** Brokerage retains "neutral" rating
** Fourteen analysts on avg rated "hold" with median PT of A$18.05, as per LSEG-compiled data
** YTD, shares up 11.9%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((nichiket.sunil@thomsonreuters.com))