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Sports Direct International Plc 15% Potential Decrease Indicated by Berenberg

Sports Direct International Plc with EPIC/TICKER (LON:SPD) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Berenberg. Sports Direct International Plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 185 GBX on its stock. This would indicate that the analyst believes there is a downside of -15.0% from the opening price of 217.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 61.2 points and decreased 81 points respectively. The 1 year high for the stock price is 417.4 GBX while the year low share price is currently 166.6 GBX.

Sports Direct International Plc has a 50 day moving average of 273.46 GBX and the 200 Day Moving Average price is recorded at 283.23. There are currently 20,387,117,077 shares in issue with the average daily volume traded being 753,154. Market capitalisation for LON:SPD is £1,168,134,211 GBP.