Sports Direct International PLC (LON:SPD) Shareholders Are Liking The News That Peel Hunt Has Reiterated Their Add Rating on the Stock

August 13, 2018 - By Hazel Jackson

Sports Direct International PLC (LON:SPD) Rating Reaffirmed

Peel Hunt maintained their Add rating on Sports Direct International PLC (LON:SPD) shards via an analyst report revealed to investors on 13 August.

Sports Direct International plc (LON:SPD) Ratings Coverage

Among 2 analysts covering Sports Direct International PLC (LON:SPD), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sports Direct International PLC has GBX 520 highest and GBX 400 lowest target. GBX 485’s average target is 20.26% above currents GBX 403.3 stock price. Sports Direct International PLC had 3 analyst reports since April 24, 2018 according to SRatingsIntel. The rating was maintained by Peel Hunt on Thursday, July 19 with “Add”. Liberum Capital maintained the shares of SPD in report on Tuesday, April 24 with “Hold” rating. The stock has “Buy” rating by Liberum Capital on Thursday, July 19.

The stock decreased 0.52% or GBX 2.1 during the last trading session, reaching GBX 403.3. About 26,939 shares traded. Sports Direct International plc (LON:SPD) has 0.00% since August 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Sports Direct International plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, and accessories. The company has market cap of 2.11 billion GBP. It operates through four divisions: UK Sports Retail, International Sports Retail, Brands, and Premium Lifestyle. It has a 13.91 P/E ratio. The firm is also involved in the wholesale distribution and sale of sports and leisure clothing, footwear, and equipment under company-owned or licensed brands; and licensing activities.

Another recent and important Sports Direct International plc (LON:SPD) news was published by Prnewswire.com which published an article titled: “Iconix Brand Group Announces Cooperation Agreement with Sports Direct International” on July 26, 2018.

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