Liberum Capital cut shares of Sports Direct International Plc (LON:SPD) to a hold rating in a report issued on Wednesday. Liberum Capital currently has GBX 400 ($5.17) price target on the stock, up from their prior price target of GBX 380 ($4.91).

A number of other analysts have also weighed in on SPD. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 380 ($4.91) price objective on shares of Sports Direct International Plc in a research note on Wednesday, July 26th. Canaccord Genuity lowered their price objective on shares of Sports Direct International Plc from GBX 160 ($2.07) to GBX 154 ($1.99) and set a sell rating for the company in a research note on Tuesday, July 25th. Peel Hunt reaffirmed an add rating and issued a GBX 350 ($4.52) price objective on shares of Sports Direct International Plc in a research note on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) raised shares of Sports Direct International Plc to a neutral rating and upped their price objective for the stock from GBX 260 ($3.36) to GBX 350 ($4.52) in a research note on Monday, July 24th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The company has a consensus rating of Hold and an average price target of GBX 336.80 ($4.35).

Sports Direct International Plc (LON SPD) opened at 400.00 on Wednesday. The company has a 50 day moving average of GBX 390.21 and a 200 day moving average of GBX 322.37. The company’s market capitalization is GBX 2.30 billion. Sports Direct International Plc has a 52 week low of GBX 260.60 and a 52 week high of GBX 424.40.

Sports Direct International Plc (LON:SPD) last released its quarterly earnings data on Thursday, July 20th. The company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.05. Sports Direct International Plc had a return on equity of 20.61% and a net margin of 8.60%. On average, equities analysts forecast that Sports Direct International Plc will post $16.71 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Sports Direct International Plc (SPD) Lowered to Hold at Liberum Capital” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/09/10/sports-direct-international-plc-spd-lowered-to-hold-at-liberum-capital.html.

Sports Direct International Plc Company Profile

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.

Analyst Recommendations for Sports Direct International Plc (LON:SPD)

Receive News & Stock Ratings for Sports Direct International Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sports Direct International Plc and related stocks with our FREE daily email newsletter.