Liberum Capital Lowers Sports Direct International Plc (SPD) to Hold

Sports Direct International Plc (LON:SPD) was downgraded by equities research analysts at Liberum Capital to a “hold” rating in a research note issued on Wednesday.

A number of other research firms also recently weighed in on SPD. Jefferies Group LLC restated a “hold” rating on shares of Sports Direct International Plc in a research report on Thursday, March 9th. Peel Hunt restated a “buy” rating on shares of Sports Direct International Plc in a research report on Wednesday, December 28th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 850 ($10.87).

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

Sports Direct International Plc (LON:SPD) traded down 0.32% during trading on Wednesday, reaching GBX 307.30. The company had a trading volume of 2,585,676 shares. Sports Direct International Plc has a 12-month low of GBX 220.70 and a 12-month high of GBX 412.00. The firm’s market capitalization is GBX 1.82 billion. The firm’s 50 day moving average price is GBX 300.55 and its 200 day moving average price is GBX 294.92.

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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.

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