Sports Direct International Plc’s Buy Rating Reaffirmed at Beaufort Securities (SPD)
Sports Direct International Plc (LON:SPD) traded up 0.93% on Friday, hitting GBX 704.00. The stock had a trading volume of 1,205,028 shares. Sports Direct International Plc has a 52 week low of GBX 590.135 and a 52 week high of GBX 924.50. The stock has a 50-day moving average of GBX 752.1 and a 200-day moving average of GBX 768.. The company’s market cap is £4.072 billion.
A number of other analysts have also recently weighed in on SPD. Analysts at Jefferies Group reiterated a “buy” rating on shares of Sports Direct International Plc in a research note on Friday. They now have a GBX 1,000 ($17.12) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Sports Direct International Plc in a research note on Thursday. They now have a GBX 700 ($11.98) 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 Wednesday. They now have a GBX 800 ($13.70) price target on the stock. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Sports Direct International Plc currently has an average rating of “Buy” and a consensus target price of GBX 877.50 ($15.02).
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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