Sports Direct International Plc (SPD) Receives “Sell” Rating from Goldman Sachs Group Inc

Goldman Sachs Group Inc reiterated their sell rating on shares of Sports Direct International Plc (LON:SPD) in a report published on Tuesday morning, Marketbeat reports. The brokerage currently has a GBX 260 ($3.31) target price on the stock.

SPD has been the subject of a number of other reports. Liberum Capital downgraded shares of Sports Direct International Plc to a hold rating in a research report on Wednesday, April 19th. Peel Hunt downgraded shares of Sports Direct International Plc to an add rating in a research report on Friday, April 21st. Finally, Jefferies Group LLC restated a hold rating on shares of Sports Direct International Plc in a research report on Thursday, March 9th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 473.33 ($6.03).

Sports Direct International Plc (LON:SPD) traded down 2.81% during trading on Tuesday, hitting GBX 286.80. The stock had a trading volume of 1,471,233 shares. The firm has a 50 day moving average of GBX 299.03 and a 200-day moving average of GBX 295.33. The stock’s market cap is GBX 1.70 billion. Sports Direct International Plc has a 12 month low of GBX 220.70 and a 12 month high of GBX 396.00.

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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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:SPD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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