Sports Direct International (SPD) Given New GBX 203 Price Target at Canaccord Genuity
Sports Direct International (LON:SPD) had its target price lifted by Canaccord Genuity from GBX 154 ($2.07) to GBX 203 ($2.73) in a research note issued to investors on Monday. The firm currently has a sell rating on the stock.
A number of other equities research analysts have also commented on SPD. Liberum Capital lowered Sports Direct International to a hold rating and upped their target price for the company from GBX 380 ($5.11) to GBX 400 ($5.38) in a research report on Wednesday, September 6th. Peel Hunt upped their target price on Sports Direct International from GBX 350 ($4.71) to GBX 400 ($5.38) and gave the company an add rating in a research report on Wednesday, September 6th. Finally, Jefferies Group lowered Sports Direct International to an underperform rating and upped their target price for the company from GBX 265 ($3.57) to GBX 290 ($3.90) in a research report on Wednesday, December 13th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The stock has an average rating of Hold and an average price target of GBX 337.17 ($4.54).
Shares of Sports Direct International (LON:SPD) opened at GBX 377.31 ($5.08) on Monday. Sports Direct International has a 52-week low of GBX 266.84 ($3.59) and a 52-week high of GBX 424.40 ($5.71).
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Sports Direct International 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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