Sports Direct International Plc (SPD) Receives Average Rating of “Hold” from Brokerages
Sports Direct International Plc (LON:SPD) has been given an average rating of “Hold” by the ten research firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 580 ($7.45).
A number of analysts have weighed in on the stock. Liberum Capital lowered shares of Sports Direct International Plc to a “hold” rating in a research note on Wednesday, April 19th. Peel Hunt lowered shares of Sports Direct International Plc to an “add” rating in a research note on Friday, April 21st. Finally, Jefferies Group LLC restated a “hold” rating on shares of Sports Direct International Plc in a research note on Thursday, March 9th.
Shares of Sports Direct International Plc (LON SPD) traded down 0.54% during midday trading on Friday, reaching GBX 293.40. 867,069 shares of the company’s stock were exchanged. Sports Direct International Plc has a 12-month low of GBX 220.70 and a 12-month high of GBX 396.00. The stock’s market capitalization is GBX 1.74 billion. The firm has a 50-day moving average of GBX 305.11 and a 200-day moving average of GBX 297.16.
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Sports Direct International Plc Company Profile
Sports Direct International plc is a sporting goods retailer, and it operates a portfolio of sports, fitness, fashion and lifestyle fascias, and brands. The Company’s segments include Sports Retail, Brands and Premium Lifestyle. Its Sports Retail segment includes the results of the United Kingdom and international retail network of sports stores along with related Websites.
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