Breaking: Haitong Securities Sticks With GBX 850.00 PT On Sports Direct International PLC (LON:SPD) Shares, Sticks With Their Original “Buy” Rating

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Sports Direct International PLC (LON:SPD) Rating Reaffirmed

Stock research analysts at Haitong Securities now has a GBX 850.00 TP on Sports Direct International PLC (LON:SPD). Haitong Securities and their recent TP would suggest a potential upside of 19.93% from the company’s price per share. The rating has been disclosed to clients in an analyst research report on Friday, 27 November.

From a total of 15 analysts covering Sports Direct International PLC (LON:SPD) stock, 10 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 965 while the lowest target price is GBX 680. The mean of all analyst targets is GBX 864.64 with a 21.68% above today’s (GBX 710.6) stock price. Sports Direct International PLC was the topic of 53 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Haitong Securities maintained shares on November 27 with “Buy” rating. Cantor Fitzgerald maintained shares with “Hold” rating and GBX 760 target share price in a report from an October 7. BNP Paribas maintained SPD stock in a recent report from November 17 with “Outperform” rating. Citigroup maintained the rating on September 10. Citigroup has a “Buy” rating and a GBX 900 price target on shares. Finally, RBC Capital Markets maintained the stock with “Sector Perform” rating in a report issued on an October 19.

The stock increased 0.30% or GBX 2.1 on November 27, striking GBX 710.6. Approximately 774,309 shares of stock traded hands. Sports Direct International Plc (LON:SPD) has risen 14.57% since May 1, 2015 and is uptrending. It has outperformed by 15.47% the S&P500.

Breaking: Haitong Securities Sticks With GBX 850.00 PT On Sports Direct International PLC (LON:SPD) Shares, Sticks With Their Original

Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 4.25 billion GBP. The Firm 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. It has 18.22 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.

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