Sports Direct International Plc Stock Rating Reaffirmed by Oriel Securities Ltd (SPD)
Sports Direct International Plc (LON:SPD)‘s stock had its “hold” rating restated by equities research analysts at Oriel Securities Ltd in a research note issued to investors on Tuesday. They currently have a GBX 950 ($16.13) price objective on the stock. Oriel Securities Ltd’s price objective would indicate a potential upside of 21.76% from the company’s current price.
Sports Direct International Plc (LON:SPD) traded down 1.42% during mid-day trading on Tuesday, hitting GBX 765.50. 1,268,214 shares of the company’s stock traded hands. Sports Direct International Plc has a 52-week low of GBX 504.577 and a 52-week high of GBX 924.50. The stock has a 50-day moving average of GBX 778.8 and a 200-day moving average of GBX 769.. The company’s market cap is £4.428 billion.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs downgraded shares of Sports Direct International Plc to a “buy” rating in a research note on Tuesday, June 10th. They now have a GBX 1,100 ($18.67) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Sports Direct International Plc in a research note on Monday, June 2nd. They now have a GBX 850 ($14.43) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Sports Direct International Plc in a research note on Friday, May 9th. They now have a GBX 800 ($13.58) price target on the stock. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Sports Direct International Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 902.50 ($15.32).
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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