Sports Direct International Plc’s (SPD) Hold Rating Reiterated at Numis Securities Ltd
Numis Securities Ltd restated their hold rating on shares of Sports Direct International Plc (LON:SPD) in a research report report published on Wednesday morning. The firm currently has a GBX 380 ($4.95) target price on the stock.
Several other brokerages also recently issued reports on SPD. Canaccord Genuity cut their price objective on Sports Direct International Plc from GBX 160 ($2.08) to GBX 154 ($2.01) and set a sell rating for the company in a research report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) upgraded Sports Direct International Plc to a neutral rating and boosted their price target for the company from GBX 260 ($3.39) to GBX 350 ($4.56) in a report on Monday, July 24th. Liberum Capital downgraded Sports Direct International Plc to a hold rating in a report on Wednesday, April 19th. Finally, Peel Hunt downgraded Sports Direct International Plc to an add rating in a report on Friday, April 21st. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 399 ($5.20).
Shares of Sports Direct International Plc (LON:SPD) opened at 368.00 on Wednesday. The stock has a 50 day moving average price of GBX 307.11 and a 200-day moving average price of GBX 300.67. The stock’s market cap is GBX 2.12 billion. Sports Direct International Plc has a 52 week low of GBX 260.60 and a 52 week high of GBX 372.55.
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Sports Direct International Plc Company Profile
Sports Direct International plc is a sporting goods retailer, and it operates a portfolio of sports, fitness, fashion and lifestyle fascias, and brands. The Company’s segments include Sports Retail, Brands and Premium Lifestyle. Its Sports Retail segment includes the results of the United Kingdom and international retail network of sports stores along with related Websites.
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