Sports Direct International Plc’s Add Rating Reaffirmed at Numis Securities Ltd (SPD)
Sports Direct International Plc (LON:SPD)‘s stock had its “add” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Tuesday. They currently have a GBX 850 ($14.48) target price on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 20.31% from the company’s current price.
Sports Direct International Plc (LON:SPD) opened at 718.50 on Tuesday. Sports Direct International Plc has a 1-year low of GBX 537.629 and a 1-year high of GBX 924.50. The stock’s 50-day moving average is GBX 765.9 and its 200-day moving average is GBX 768.4. The company’s market cap is £4.156 billion.
A number of other analysts have also recently weighed in on SPD. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Sports Direct International Plc in a research note on Tuesday, June 17th. They now have a GBX 950 ($16.18) price target on the stock. Separately, 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 ($18.74) 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 ($13.63) price target on the stock. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 902.50 ($15.37).
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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