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Goldman Sachs issued a report on Sports Direct International PLC (LON:SPD), raising its target price to 285.00GBX today

Sports Direct International PLC (LON:SPD) had its stock price target increased to 285.00GBX by Goldman Sachs in an issued report announced 11/28/2016. The bumped up target suggests a potential downside of -0.05% from the company's previous close.

Previously on 03/08/2016, Cantor Fitzgerald reported about Sports Direct International PLC (LON:SPD) maintained the target price at 480.00GBX. At the time, this indicated a possible downside of -0.05%.

Yesterday Sports Direct International PLC (LON:SPD) traded -1.39% lower at 301.55GBX. Sports Direct International PLC’s 50-day average is 296.58GBX and its two hundred day average is 310.88GBX. With the last stock price down -4.14% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. Trade Volume was down over the average, with 67,237 shares of SPD changing hands under the typical 2,044,080

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Sports Direct International PLC (LON:SPD)

Sports Direct International PLC has price-earnings ratio of 6.55 with a one year low of 220.70GBX and a 52 week high of 741.00GBX and has a market cap of 0 GBX.

In addition to Goldman Sachs 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 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly one equity analyst rating the company a sell.

Brief Synopsis 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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