Sports Direct International Plc Stock Rating Reaffirmed by Oriel Securities Ltd (SPD)
Sports Direct International Plc (LON:SPD)‘s stock had its “hold” rating reiterated by analysts at Oriel Securities Ltd in a research report issued to clients and investors on Friday. They currently have a GBX 700 ($11.62) price target on the stock. Oriel Securities Ltd’s price target would indicate a potential downside of 5.32% from the company’s current price.
Sports Direct International Plc (LON:SPD) opened at 736.50 on Friday. Sports Direct International Plc has a 52 week low of GBX 634.50 and a 52 week high of GBX 924.50. The stock has a 50-day moving average of GBX 699.3 and a 200-day moving average of GBX 765.4. The company’s market cap is £4.362 billion.
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 Monday. They now have a GBX 850 ($14.11) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Sports Direct International Plc in a research note on Tuesday, August 26th. They now have a GBX 1,000 ($16.59) 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, August 20th. They now have a GBX 800 ($13.28) price target on the stock. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Sports Direct International Plc currently has a consensus rating of “Buy” and an average target price of GBX 884.09 ($14.67).
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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