Analysts Set Sports Direct International Plc (SPD) Target Price at $336.80

Shares of Sports Direct International Plc (LON:SPD) have received a consensus rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 336.80 ($4.43).

Several analysts recently weighed in on SPD shares. Peel Hunt increased their price target on Sports Direct International Plc from GBX 350 ($4.60) to GBX 400 ($5.26) and gave the company an “add” rating in a report on Wednesday, September 6th. Liberum Capital lowered Sports Direct International Plc to a “hold” rating and increased their price target for the company from GBX 380 ($5.00) to GBX 400 ($5.26) in a report on Wednesday, September 6th. Numis Securities Ltd restated a “hold” rating and set a GBX 380 ($5.00) price target on shares of Sports Direct International Plc in a report on Wednesday, July 26th. Canaccord Genuity decreased their price target on Sports Direct International Plc from GBX 160 ($2.10) to GBX 154 ($2.02) and set a “sell” rating on the stock in a report on Tuesday, July 25th. Finally, Goldman Sachs Group, Inc. (The) upgraded Sports Direct International Plc to a “neutral” rating and increased their price target for the company from GBX 260 ($3.42) to GBX 350 ($4.60) in a report on Monday, July 24th.

Sports Direct International Plc (LON SPD) traded down 1.55% on Friday, hitting GBX 393.40. 343,113 shares of the company’s stock traded hands. The stock has a 50 day moving average price of GBX 400.18 and a 200-day moving average price of GBX 341.19. The stock’s market cap is GBX 2.26 billion. Sports Direct International Plc has a 12 month low of GBX 266.84 and a 12 month high of GBX 424.40.

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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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