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Peel Hunt reiterated Sports Direct International PLC (LON:SPD) to Buy in a report released today.

Peel Hunt has reiterated Sports Direct International PLC (LON:SPD) to Buy in a report released on Thursday October 13, 2016.

Previously on 10/12/2016, Cantor Fitzgerald reported on Sports Direct International PLC (LON:SPD) reduced the target price from 320.00GBX to 260.00GBX. At the time, this indicated a possible downside of -0.10%.

Just yesterday Sports Direct International PLC (LON:SPD) traded 2.18% higher at 284.70GBX. Sports Direct International PLC’s 50-day moving average is 298.52GBX and its 200-day moving average is 328.80GBX. The last closing price is down -14.51% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,961,082 shares of SPD traded hands, down from an average trading volume of 2,174,900

Recent Performance Chart

Sports Direct International PLC (LON:SPD)

Sports Direct International PLC has 52 week low of 220.70GBX and a 52 week high of 741.00GBX with a PE ratio of 6.18 and has a market capitalization of 0 GBX.

In addition to Peel Hunt reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is 360.45GBX with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On 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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