Espirito Santo Investment Bank Research reiterated their buy rating on shares of Sports Direct International (LON:SPD) in a research note released on Thursday morning, StockRatingsNetwork reports. They currently have a GBX 685 ($10.45) target price on the stock, up from their previous target price of GBX 500 ($7.63).
Other equities research analysts have also recently issued reports about the stock. Analysts at Oriel Securities Ltd reiterated a buy rating on shares of Sports Direct International in a research note to investors on Monday, July 8th. They now have a GBX 615 ($9.39) price target on the stock. Separately, analysts at N+1 Singer reiterated a hold rating on shares of Sports Direct International in a research note to investors on Wednesday, May 29th. They now have a GBX 475 ($7.25) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a hold rating on shares of Sports Direct International in a research note to investors on Wednesday, May 29th. They now have a GBX 475 ($7.25) price target on the stock.
Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 498.31 ($7.61).
Shares of Sports Direct International (LON: SPD) traded down 0.31% during mid-day trading on Thursday, hitting GBX 645.50. Sports Direct International has a 52 week low of GBX 280.78 and a 52 week high of GBX 659.00. The stock’s 50-day moving average is currently GBX 355.0. The company’s market cap is £3.675 billion.
Sports Direct International plc, along with its subsidiaries, is engaged in retailing of sports and leisure clothing, footwear and equipment; wholesale distribution and sale of sports and leisure clothing, footwear and equipment under its owned or licensed brands, and licensing of the Company brands.