Sports Direct International Plc’s Hold Rating Reaffirmed at Cantor Fitzgerald Europe (SPD)
Sports Direct International Plc (LON:SPD)‘s stock had its “hold” rating reissued by equities researchers at Cantor Fitzgerald Europe in a research report issued on Wednesday. They currently have a GBX 800 ($13.37) price target on the stock. Cantor Fitzgerald Europe‘s price objective points to a potential upside of 10.12% from the stock’s previous close.
Sports Direct International Plc (LON:SPD) opened at 719.00 on Wednesday. Sports Direct International Plc has a 52-week low of GBX 627.00 and a 52-week high of GBX 924.50. The stock has a 50-day moving average of GBX 698.5 and a 200-day moving average of GBX 763.4. The company’s market cap is £4.261 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Sports Direct International Plc in a research note on Friday, August 15th. They now have a GBX 950 ($15.88) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Sports Direct International Plc in a research note on Tuesday, August 12th. They now have a GBX 950 ($15.88) price target on the stock. Finally, 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 ($14.21) price target on the stock. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Sports Direct International Plc presently has a consensus rating of “Buy” and a consensus target price of GBX 884.09 ($14.78).
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.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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