Peel Hunt Reaffirms “Add” Rating for Sports Direct International Plc (LON:SPD)

Peel Hunt reaffirmed their add rating on shares of Sports Direct International Plc (LON:SPD) in a report published on Thursday. They currently have a GBX 350 ($4.62) price target on the stock.

A number of other research firms also recently commented on SPD. Canaccord Genuity reduced their target price on Sports Direct International Plc from GBX 160 ($2.11) to GBX 154 ($2.03) and set a sell rating on the stock in a report on Tuesday, July 25th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 380 ($5.01) target price on shares of Sports Direct International Plc in a report on Wednesday, July 26th. Goldman Sachs Group, Inc. (The) raised Sports Direct International Plc to a neutral rating and increased their target price for the stock from GBX 260 ($3.43) to GBX 350 ($4.62) in a report on Monday, July 24th. Finally, Liberum Capital downgraded Sports Direct International Plc to a hold rating in a report on Wednesday, April 19th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. Sports Direct International Plc has a consensus rating of Hold and a consensus price target of GBX 399 ($5.26).

Sports Direct International Plc (SPD) traded down 0.20% on Thursday, reaching GBX 394.00. The company’s stock had a trading volume of 948,816 shares. The firm’s 50 day moving average price is GBX 314.08 and its 200-day moving average price is GBX 302.83. The company’s market capitalization is GBX 2.27 billion. Sports Direct International Plc has a 52 week low of GBX 251.20 and a 52 week high of GBX 396.00.

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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.

Analyst Recommendations for Sports Direct International Plc (LON:SPD)

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