Sports Direct International Plc (LON:SPD) Rating Reiterated by Peel Hunt
Sports Direct International Plc (LON:SPD)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a research report issued to clients and investors on Friday. They presently have a GBX 350 ($4.53) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 18.28% from the stock’s current price.
Several other analysts have also commented on SPD. Liberum Capital reaffirmed a “hold” rating and issued a GBX 310 ($4.02) price objective on shares of Sports Direct International Plc in a research report on Thursday. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and issued a GBX 260 ($3.37) price objective on shares of Sports Direct International Plc in a research report on Tuesday, July 4th. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Sports Direct International Plc presently has a consensus rating of “Hold” and an average target price of GBX 442.50 ($5.73).
Shares of Sports Direct International Plc (SPD) traded down 2.18% on Friday, reaching GBX 295.90. 903,980 shares of the company were exchanged. The firm’s market capitalization is GBX 1.75 billion. The company’s 50 day moving average is GBX 295.69 and its 200 day moving average is GBX 294.81. Sports Direct International Plc has a 12-month low of GBX 251.20 and a 12-month high of GBX 356.02.
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About Sports Direct International Plc
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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