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A statement released earlier today by Peel Hunt about Sports Direct International PLC (LON:SPD) bumps down the target price to 350.00GBX

Reporting a potential upside of 0.12%, Peel Hunt lowered the target price of Sports Direct International PLC (LON:SPD) to 350.00GBX

Previously on 4/19/2017, Liberum Capital reported about Sports Direct International PLC (LON:SPD) held steady the target price at 310.00GBX. At the time, this indicated a possible downside of -0.03%.

Yesterday Sports Direct International PLC (LON:SPD) traded -0.68% lower at 313.70GBX. The company’s 50-day moving average is 299.50GBX and its 200-day moving average is 294.44GBX. The last stock close price is up 6.26% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 171,343 shares of the stock were exchanged, down from an average trading volume of 1,999,560

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Sports Direct International PLC (LON:SPD)

Sports Direct International PLC has a 52 week low of 220.70GBX and a 52 week high of 412.00GBX with a P/E ratio of 8.34 The company’s market cap is currently 0 GBX.

In addition to Peel Hunt reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is 360.45GBX with 3 firms rating the stock a strong buy, 3 firms rating the stock a buy, 4 firms rating the stock 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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