Sports Direct International PLC (LON:SPD) Rating Reaffirmed
In a recent research report issued to clients and investors on Friday morning, The Outperform rating of Sports Direct International PLC (LON:SPD) shares was has reaffirmed at Exane BNP Paribas, who now has a GBX 750.00 PT on the stock. Exane BNP Paribas’s PT may imply a possible upside of 25.42% from the last close price of the company.
From a total of 12 analysts covering Sports Direct International PLC (LON:SPD) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 950 while the lowest target price is GBX 525. The mean of all analyst targets is GBX 768.75 with a 42.36% above today’s (GBX 576) stock price. Sports Direct International PLC was the topic of 63 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 11 with “Buy” rating. RBC Capital Markets maintained shares with “Sector Perform” rating and GBX 775 target share price in a report from a December 7. Morgan Stanley maintained SPD stock in a recent report from December 10 with “Equalwt/Cautious” rating. Goldman Sachs maintained the rating on December 3. Goldman Sachs has a “Buy” rating and a GBX 850 price target on shares. Finally, Liberum Capital maintained the stock with “Buy” rating in a report issued on a December 10.
Approximately 36,727 shares of stock traded hands. Sports Direct International Plc (LON:SPD) has declined 11.85% since May 21, 2015 and is downtrending. It has underperformed by 9.59% the S&P500.
Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 3.40 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 13.25 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.