Sports Direct International Plc Given Average Rating of “Buy” by Brokerages (LON:SPD)
Sports Direct International Plc (LON:SPD) has been given a consensus rating of “Buy” by the thirteen analysts that are covering the company, American Banking News.com reports. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 884.09 ($14.83).
Several analysts have recently commented on the stock. 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 ($14.26) 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 ($16.78) to GBX 950 ($15.94) 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.
Shares of Sports Direct International Plc (LON:SPD) opened at 662.00 on Friday. Sports Direct International Plc has a 52-week low of GBX 627.00 and a 52-week high of GBX 924.50. The stock’s 50-day moving average is GBX 702. and its 200-day moving average is GBX 763.. The company’s market cap is £3.923 billion.
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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