Sports Direct International (LON:SPD) Rating Reaffirmed
Equity research analysts at RBC Capital Markets now has a GBX 775 target price on Sports Direct International (LON:SPD). RBC Capital Markets and their recent target price may suggest a potential upside of 10.87% from the company’s last stock close. The rating has been released in analysts note on Monday, 7 December.
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 23.29% above today’s (GBX 694.64) stock price. Sports Direct International PLC was the topic of 57 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Cantor Fitzgerald maintained shares on December 4 with “Hold” rating. BNP Paribas maintained shares with “Outperform” rating and GBX 920 target share price in a report from a November 17. Numis Securities maintained SPD stock in a recent report from December 1 with “Buy” rating. RBC Capital Markets maintained the rating on October 19. RBC Capital Markets has a “Sector Perform” rating and a GBX 850 price target on shares. Finally, Haitong Securities maintained the stock with “Buy” rating in a report issued on a November 27.
Approximately 166,526 shares of stock traded hands. Sports Direct International Plc (LON:SPD) has risen 6.65% since May 8, 2015 and is uptrending. It has outperformed by 7.73% 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 17.81 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.