Today RBC Capital Markets Maintains a Sector Perform Rating on Sports Direct International (LON:SPD) and a GBX 650 Target Price

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Sports Direct International (LON:SPD) Rating Reaffirmed

RBC Capital Markets now has a GBX 650 target price per share on the 3.39 billion GBP market cap company or 14.84% upside potential. In an analyst note issued to clients and investors on Monday morning, Sports Direct International (LON:SPD) shares have had their Sector Perform Rating reaffirmed by analysts at RBC Capital Markets.

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 42.87% above today’s (GBX 566) 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 217,270 shares of stock traded hands. Sports Direct International Plc (LON:SPD) has declined 12.71% since May 22, 2015 and is downtrending. It has underperformed by 6.90% the S&P500.

Today RBC Capital Markets Maintains a Sector Perform Rating on Sports Direct International (LON:SPD) and a GBX 650 Target Price

Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 3.39 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 13.02 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.

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