Sports Direct International Plc Given Outperform Rating at BNP Paribas (SPD)
Sports Direct International Plc (LON:SPD)‘s stock had its “outperform” rating restated by research analysts at BNP Paribas in a report released on Tuesday. They currently have a GBX 950 ($15.94) price objective on the stock. BNP Paribas’ price target would suggest a potential upside of 43.50% from the stock’s previous close.
A number of other analysts have also recently weighed in on SPD. 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 Beaufort Securities reiterated a “buy” rating on shares of Sports Direct International Plc in a research note on Friday, July 18th. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Sports Direct International Plc in a research note on Friday, July 18th. They now have a GBX 1,000 ($16.78) price target on the stock. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Sports Direct International Plc has a consensus rating of “Buy” and a consensus target price of GBX 884.09 ($14.83).
Shares of Sports Direct International Plc (LON:SPD) traded up 1.78% during mid-day trading on Tuesday, hitting GBX 673.7787. The stock had a trading volume of 1,341,078 shares. 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 701.7 and its 200-day moving average is GBX 763.0. The company’s market cap is £3.993 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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