Sports Direct International’s “Hold” Rating Reaffirmed at Cantor Fitzgerald Europe (SPD)
Sports Direct International (LON:SPD)‘s stock had its “hold” rating reaffirmed by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Monday, Analyst RN reports. They currently have a GBX 680 ($11.21) price objective on the stock. Cantor Fitzgerald Europe’s price objective would suggest a potential downside of 10.05% from the company’s current price.
Sports Direct International (LON:SPD) traded down 0.93% during mid-day trading on Monday, hitting GBX 749.00. The stock had a trading volume of 468,727 shares. Sports Direct International has a 52 week low of GBX 391.00 and a 52 week high of GBX 771.00. The stock has a 50-day moving average of GBX 727.4 and a 200-day moving average of GBX 678.9. The company’s market cap is £4.333 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of Sports Direct International in a research note to investors on Monday. They now have a GBX 680 ($11.21) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Sports Direct International in a research note to investors on Friday. They now have a GBX 850 ($14.01) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Sports Direct International in a research note to investors on Friday, December 13th. They now have a GBX 800 ($13.18) price target on the stock. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 705 ($11.62).
Sports Direct International plc, along with its subsidiaries, is engaged in retailing of sports and leisure clothing, footwear and equipment; wholesale distribution and sale of sports and leisure clothing, footwear and equipment under its owned or licensed brands, and licensing of the Company brands.
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