Report
EUR 14.22 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.
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.

Provider
TheScreener
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