Breaking: Haitong Securities Reconfirms GBX 850.00 Price Target On Sports Direct International PLC (LON:SPD) Shares, Reconfirms Their Original “Buy” Rating

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Sports Direct International PLC (LON:SPD) Rating Reaffirmed

They currently have a GBX 850.00 target price per share on Sports Direct International PLC (LON:SPD). The target price by Haitong Securities would suggest a potential upside of 46.05% from the company’s last stock close. This has been released in an analyst research report on 18 December.

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 39.19% above today’s (GBX 581) stock price. Sports Direct International PLC was the topic of 65 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Haitong Securities maintained shares on December 18 with “Buy” rating. Cantor Fitzgerald maintained shares with “Hold” rating and GBX 700 target share price in a report from a December 10. Jefferies maintained SPD stock in a recent report from December 11 with “Buy” rating. Liberum Capital maintained the rating on December 10. Liberum Capital has a “Buy” rating and a GBX 950 price target on shares. Finally, Morgan Stanley maintained the stock with “Equalwt/Cautious” rating in a report issued on a December 10.

Approximately 179,816 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 8.04% the S&P500.

Breaking: Haitong Securities Reconfirms GBX 850.00 Price Target On Sports Direct International PLC (LON:SPD) Shares, Reconfirms Their Original

Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 3.43 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 13.37 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.

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