TheScreener - Spar Group Limited (135K) SPAR GROUP reduced its risk exposure resulting in an upgrade to Positive

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TheScreener

EUR 14.40 For Business Accounts Only

SPAR GROUP reduced its risk exposure resulting in an upgrade to Positive

SPAR GROUP (ZA), a company active in the Food Retailers & Wholesalers industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date March 22, 2022, the closing price was ZAR 162.07 and its potential was estimated at ZAR 183.92.

23/03/2022 1 EN

Underlying

Spar Group Limited

Spar Group is a wholesaler and distributor of goods and services to SPAR and SaveMor supermarkets, Build it building materials outlets, TOPS at SPAR liquor stores and Pharmacy at SPAR pharmacy and healthcare outlets.Co.'s distribution centres provide goods and services to retail stores in South Africa, Swaziland, Botswana, Lesotho, Mozambique, Zimbabwe and Namibia. In addition, SPAR wholesales goods to independent SPAR stores in Zambia and Malawi.

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ZAE000058517 Johannesburg Stock Exchange South Africa

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TheScreener

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SPAR GROUP reduced its risk exposure resulting in an upgrade to Positive

Empowering Investors

Pick n Pay Stores Ltd - Company Profile and SWOT Analysis

SPAR | Liquor cheer

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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