Sports Direct International PLC (LON:SPD) Rating Reaffirmed
In recent note released on 4 December, The Hold rating of Sports Direct International PLC (LON:SPD) shares was reiterated by Cantor Fitzgerald, who now has a GBX 760.00 target price per share on the stock. Cantor Fitzgerald’s target price per share may mean a possible upside of 9.04% from the last stock close price of the company.
From a total of 11 analysts covering Sports Direct International PLC (LON:SPD) stock, 8 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 950 while the lowest target price is GBX 625. The mean of all analyst targets is GBX 839.55 with a 23.05% above today’s (GBX 696) stock price. Sports Direct International PLC was the topic of 56 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on December 3 with “Buy” rating. RBC Capital Markets maintained shares with “Sector Perform” rating and GBX 850 target share price in a report from an October 19. Liberum Capital maintained SPD stock in a recent report from November 30 with “Buy” rating. Cantor Fitzgerald maintained the rating on October 7. Cantor Fitzgerald has a “Hold” rating and a GBX 760 price target on shares. Finally, BNP Paribas maintained the stock with “Outperform” rating in a report issued on a November 17.
Approximately 84,963 shares of stock traded hands. Sports Direct International Plc (LON:SPD) has risen 11.52% since May 7, 2015 and is uptrending. It has outperformed by 14.30% the S&P500.
Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 4.16 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 17.85 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.