Breaking Finance News

A statement released earlier today by Cantor Fitzgerald about Sports Direct International PLC (LON:SPD) bumps down the target price to 260.00GBX

Cantor Fitzgerald bumped down the target of Sports Direct International PLC (LON:SPD) to 260.00GBX stating a potential downside of -0.10%.

Previously on 10/11/2016, Citigroup reported about Sports Direct International PLC (LON:SPD) reduced the target price from 365.00GBX to 280.00GBX. At the time, this indicated a possible upside of 0.03%.

Boasting a price of 287.60GBX, Sports Direct International PLC (LON:SPD) traded -2.92% lower on the day. With the last close down -13.62% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. SPD has recorded a 50-day moving average of 300.66GBX and a 200-day moving average of 329.86GBX. 386,172 shares of SPD traded, down from an average trading volume of 2,192,770

See Chart Below

Sports Direct International PLC (LON:SPD)

With a total market value of 0 GBX, Sports Direct International PLC has 52 week low of 220.70GBX and a one year high of 741.00GBX with a PE ratio of 6.26 .

A total of 11 brokers have issued a report on the company. Three equity analysts rating the company a strong buy, three analysts rating the company a buy, four brokers rating the stock a hold, zero brokerages rating the company a underperform, and finally 1 firm rating the stock a sell with a consensus target of 360.45GBX.

More About Sports Direct International PLC (LON:SPD)

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. Its Brands segment includes portfolio of various brands, such as Everlast, Lonsdale and Dunlop. Its Premium Lifestyle segment includes the retail businesses, such as Cruise, Flannels and USC. In Sports Retail, it offers a range of sporting apparel, footwear and equipment through SPORTSDIRECT.com. Its Fitness Division comprises over 30 gyms located across the United Kingdom. Its channels include standalone stores and multi-fascia retail spaces, concessions within department stores and online. Across its Sports Retail fascias, it has over 700 stores, and across Premium Lifestyle fascias, it has over 83 stores.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *