A statement released earlier today by Jefferies International about Sports Direct International PLC (LON:SPD) bumps down the target price to 265.00GBX
- Updated: October 13, 2016
Stating a potential downside of -0.03%, Jefferies International reduced the stock price target of Sports Direct International PLC (LON:SPD) to 265.00GBX
Just yesterday Sports Direct International PLC (LON:SPD) traded 1.31% higher at 274.55GBX. Sports Direct International PLC’s 50-day moving average is 299.15GBX and its 200-day moving average is 329.30GBX. The last closing price is down -15.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 271,983 shares of SPD traded hands, down from an average trading volume of 2,214,010
Recent Performance Chart
Sports Direct International PLC has 52 week low of 220.70GBX and a 52 week high of 741.00GBX with a PE ratio of 6.13 and has a market capitalization of 0 GBX.
In addition to Jefferies International reporting its stock price target, a total of 11 brokers have issued a research note on Sports Direct International PLC. The 12-month price target is 360.45GBX with three brokerages rating the company a strong buy, three brokerages rating the company a buy, four brokerages rating the company a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
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.
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