Sports Direct International (LON:SPD) Rating Reaffirmed
Sports Direct International (LON:SPD) just had their share rating of a ‘Outperform’ issued by research analysts at Exane BNP Paribas, who now has a GBX 750 PT on the 3.42 billion GBP market cap company or a 28.87% upside potential. This key information was revealed in a recent report on Friday, 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 39.79% above today’s (GBX 578.49) 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 394,428 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.
Sports Direct International Plc is a United Kingdom holding company. The company has a market cap of 3.42 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 13.31 P/E ratio. It operates through three business divisions: Sports Retail, Premium Lifestyle and Brands.