Sports Direct International Plc (LON:SPD) Given “Sell” Rating at Goldman Sachs Group, Inc. (The)

Sports Direct International Plc (LON:SPD)‘s stock had its “sell” rating reissued by equities research analysts at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Tuesday, July 4th, MarketBeat.com reports. They presently have a GBX 260 ($3.40) price target on the stock. Goldman Sachs Group, Inc. (The)’s price target indicates a potential downside of 26.37% from the stock’s current price.

Several other brokerages have also issued reports on SPD. Liberum Capital restated a “hold” rating and set a GBX 310 ($4.05) target price on shares of Sports Direct International Plc in a research report on Tuesday, May 9th. Jefferies Group LLC reiterated a “hold” rating on shares of Sports Direct International Plc in a report on Thursday, March 9th. Finally, Peel Hunt lowered Sports Direct International Plc to an “add” rating in a report on Friday, April 21st. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Sports Direct International Plc has a consensus rating of “Hold” and a consensus target price of GBX 442.50 ($5.78).

Shares of Sports Direct International Plc (LON:SPD) traded up 5.37% during midday trading on Tuesday, reaching GBX 353.10. The company had a trading volume of 2,773,447 shares. The firm’s market capitalization is GBX 2.09 billion. Sports Direct International Plc has a 52 week low of GBX 251.20 and a 52 week high of GBX 356.02. The stock has a 50-day moving average of GBX 296.78 and a 200 day moving average of GBX 297.42.

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About Sports Direct International Plc

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)

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