Sports Direct International Plc (SPD) Earns “Sell” Rating from Goldman Sachs Group Inc.
Sports Direct International Plc (LON:SPD)‘s stock had its “sell” rating reaffirmed by investment analysts at Goldman Sachs Group Inc. in a note issued to investors on Tuesday.
Other equities analysts also recently issued reports about the company. Espirito Santo Investment Bank Research restated a “buy” rating and set a GBX 850 ($10.36) price objective on shares of Sports Direct International Plc in a research report on Thursday, August 25th. Liberum Capital restated a “buy” rating on shares of Sports Direct International Plc in a research report on Thursday, July 28th. Citigroup Inc. restated a “buy” rating on shares of Sports Direct International Plc in a research report on Friday, July 8th. Peel Hunt restated a “buy” rating on shares of Sports Direct International Plc in a research report on Friday, September 23rd. Finally, Beaufort Securities restated a “hold” rating on shares of Sports Direct International Plc in a research report on Friday, July 8th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 814.44 ($9.93).
Sports Direct International Plc (LON:SPD) traded up 2.19% during midday trading on Tuesday, hitting GBX 279.50. The stock had a trading volume of 3,036,429 shares. The stock’s 50-day moving average is GBX 296.75 and its 200-day moving average is GBX 327.15. Sports Direct International Plc has a 1-year low of GBX 220.70 and a 1-year high of GBX 741.00. The stock’s market capitalization is GBX 1.66 billion.
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In related news, insider Jenkins,Claire bought 16,971 shares of the business’s stock in a transaction that occurred on Tuesday, July 26th. The shares were bought at an average price of GBX 256 ($3.12) per share, with a total value of £43,445.76 ($52,950.35).
About Sports Direct International Plc
Sports Direct International Plc is a United Kingdom-based holding company. The Company is a sports retailer engaged in retailing of sports and leisure clothing, footwear and equipment; wholesale distribution and sale of sports and leisure clothing, footwear and equipment under Company-owned or licensed brands, and licensing of its brands.
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