Peel Hunt Reaffirms “Add” Rating for Sports Direct International Plc (SPD)
Sports Direct International Plc (LON:SPD)‘s stock had its “add” rating reaffirmed by stock analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 350 ($4.57) price target on the stock. Peel Hunt’s price target suggests a potential downside of 0.88% from the company’s current price.
Other analysts also recently issued research reports about the company. Liberum Capital restated a “buy” rating on shares of Sports Direct International Plc in a research note on Friday, March 24th. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a GBX 260 ($3.40) price target on shares of Sports Direct International Plc in a research note on Tuesday, July 4th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Sports Direct International Plc has a consensus rating of “Hold” and a consensus target price of GBX 442.50 ($5.78).
Sports Direct International Plc (LON:SPD) traded up 5.37% on Thursday, hitting GBX 353.10. The stock had a trading volume of 2,773,447 shares. Sports Direct International Plc has a 1-year low of GBX 251.20 and a 1-year high of GBX 356.02. The stock has a 50 day moving average price of GBX 296.78 and a 200 day moving average price of GBX 297.42. The company’s market cap is GBX 2.03 billion.
TRADEMARK VIOLATION WARNING: This story was reported by American Banking News and is owned by of American Banking News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/07/23/peel-hunt-reaffirms-add-rating-for-sports-direct-international-plc-spd.html.
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.
Receive News & Ratings for Sports Direct International Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sports Direct International Plc and related companies with MarketBeat.com's FREE daily email newsletter.