Sports Direct International Plc (SPD) Rating Reiterated by Peel Hunt
Sports Direct International Plc (LON:SPD)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a report released on Thursday. They currently have a GBX 350 ($4.62) target price on the stock. Peel Hunt’s price target would indicate a potential downside of 11.17% from the stock’s previous close.
SPD has been the subject of several other research reports. Goldman Sachs Group, Inc. (The) restated a “sell” rating and set a GBX 260 ($3.43) price target on shares of Sports Direct International Plc in a report on Tuesday, June 20th. Liberum Capital restated a “hold” rating and set a GBX 310 ($4.09) price target on shares of Sports Direct International Plc in a report on Tuesday, May 9th. Canaccord Genuity lowered their price target on shares of Sports Direct International Plc from GBX 160 ($2.11) to GBX 154 ($2.03) and set a “sell” rating for the company in a report on Tuesday, July 25th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 380 ($5.01) price objective on shares of Sports Direct International Plc in a research note on Wednesday, July 26th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 399 ($5.26).
Sports Direct International Plc (LON SPD) opened at 394.00 on Thursday. The stock has a 50 day moving average of GBX 314.08 and a 200 day moving average of GBX 302.83. Sports Direct International Plc has a 12-month low of GBX 251.20 and a 12-month high of GBX 396.00. The firm’s market cap is GBX 2.27 billion.
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Sports Direct International Plc Company Profile
Sports Direct International plc is a sporting goods retailer, and it operates a portfolio of sports, fitness, fashion and lifestyle fascias, and brands. The Company’s segments include Sports Retail, Brands and Premium Lifestyle. Its Sports Retail segment includes the results of the United Kingdom and international retail network of sports stores along with related Websites.
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