Sports Direct International PLC (LON:SPD) Rating Reaffirmed
Sports Direct International PLC (LON:SPD) just had their share rating of a ‘Buy’ issued by research analysts at Liberum Capital, who now has a GBX 950.00 target PPS on the 4.26 billion GBP market cap company or a 38.48% upside potential. This key information was disclosed in a recent report on Monday, 30 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 54 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 30 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.
Approximately 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.
Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 4.26 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.