Sports Direct International Plc Receives Average Rating of “Buy” from Analysts (LON:SPD)
Shares of Sports Direct International Plc (LON:SPD) have been given an average rating of “Buy” by the thirteen analysts that are currently covering the stock, StockRatingsNetwork reports. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 884.09 ($14.88).
Shares of Sports Direct International Plc (LON:SPD) opened at 658.00 on Friday. Sports Direct International Plc has a one year low of GBX 627.00 and a one year high of GBX 924.50. The stock has a 50-day moving average of GBX 708.9 and a 200-day moving average of GBX 763.5. The company’s market cap is £3.899 billion.
A number of analysts have recently weighed in on SPD shares. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Sports Direct International Plc in a research note on Friday, August 1st. They now have a GBX 850 ($14.30) price target on the stock. Separately, analysts at BNP Paribas cut their price target on shares of Sports Direct International Plc from GBX 1,000 ($16.83) to GBX 950 ($15.99) in a research note on Wednesday, July 23rd. They now have an “outperform” rating on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Sports Direct International Plc in a research note on Friday, July 18th.
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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