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Wall Street Analysts Believe Superior Group (SGC) Could Rally 38.36%: Here's is How to Trade

Group 1 - Superior Group (SGC) shares have increased by 18.5% over the past four weeks, closing at $13.01, with a mean price target of $18 indicating a potential upside of 38.4% [1] - The average price targets range from a low of $14.00 to a high of $24.00, with a standard deviation of $4, suggesting a variability in analyst estimates [2] - Analysts show strong agreement on SGC's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][11] Group 2 - Over the last 30 days, the Zacks Consensus Estimate for SGC's current year earnings has increased by 16.4%, with two estimates moving higher and no negative revisions [12] - SGC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [14]