Sports Direct International Plc (SPD) Receives Consensus Rating of “Hold” from Brokerages
Shares of Sports Direct International Plc (LON:SPD) have been assigned an average rating of “Hold” from the six brokerages that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 337.17 ($4.57).
SPD has been the topic of a number of analyst reports. Peel Hunt reissued an “add” rating and set a GBX 400 ($5.42) target price on shares of Sports Direct International in a report on Tuesday, December 5th. Liberum Capital reissued a “hold” rating and set a GBX 400 ($5.42) target price on shares of Sports Direct International in a report on Thursday, December 14th. Canaccord Genuity boosted their target price on shares of Sports Direct International from GBX 154 ($2.09) to GBX 203 ($2.75) and gave the company a “sell” rating in a report on Monday, December 18th. Finally, Jefferies Group cut shares of Sports Direct International to an “underperform” rating and boosted their target price for the company from GBX 265 ($3.59) to GBX 290 ($3.93) in a report on Wednesday, December 13th.
Shares of Sports Direct International (LON:SPD) traded down GBX 2.10 ($0.03) during mid-day trading on Monday, reaching GBX 375 ($5.09). 644,540 shares of the company’s stock were exchanged, compared to its average volume of 1,180,000. Sports Direct International has a 1-year low of GBX 272.97 ($3.70) and a 1-year high of GBX 424.40 ($5.76). The company has a market cap of $2,040.00 and a PE ratio of 1,339.29.
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About Sports Direct International
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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