Sports Direct International Stock Rating Reaffirmed by Beaufort Securities (SPD)
Sports Direct International (LON:SPD)‘s stock had its “buy” rating reiterated by equities researchers at Beaufort Securities in a research report issued on Thursday, Analyst Ratings Net reports.
Sports Direct International (LON:SPD) traded up 0.13% during mid-day trading on Thursday, hitting GBX 777.00. 761,175 shares of the company’s stock traded hands. Sports Direct International has a 52-week low of GBX 391.00 and a 52-week high of GBX 783.50. The stock’s 50-day moving average is GBX 718.0 and its 200-day moving average is GBX 702.4. The company’s market cap is £4.495 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America reiterated a “buy” rating on shares of Sports Direct International in a research note on Wednesday. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Sports Direct International in a research note on Wednesday. Finally, analysts at Prime Markets reiterated a “buy” rating on shares of Sports Direct International in a research note on Wednesday. They now have a GBX 800 ($13.41) price target on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 691.25 ($11.58).
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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