JD Sports Fashion (LON:JD – Get Rated)Investment analysts at Shore Capital reaffirmed the stock’s “buy” rating in a research note issued Tuesday, reports MarketBeat.
JD has been the subject of a number of other reports. Barclays lowered its target price on JD Sports Fashion shares from GBX 240 ($2.94) to GBX 195 ($2.39) and set an “overweight” rating on the stock in a research report dated Monday, May 16. May. JPMorgan Chase & Co. cut its price target on JD Sports Fashion shares from GBX 255 ($3.13) to GBX 210 ($2.58) and set an “overweight” rating on the stock in a research report on Thursday, June 23. Royal Bank of Canada reaffirmed an “outperformance” rating and issued a GBX 200 ($2.45) price target on JD Sports Fashion shares in a research report on Monday, May 30. Deutsche Bank Aktiengesellschaft began coverage of JD Sports Fashion’s shares in a research report on Tuesday, May 3. They set a “buy” rating and price target of GBX 875 ($10.73) on the stock. Ultimately, Morgan Stanley reissued an “equal weight” rating on JD Sports Fashion stock in a research report on Friday, March 25. Two equity research analysts have rated the stock a hold rating and eight have given the stock a buy rating. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 530.63 ($6.51).
Shares of LON:JD traded GBX 0.40 ($0.00) lower during midday trading on Tuesday, reaching GBX 118.70 ($1.46). The company’s shares had a trading volume of 6,433,475 shares, compared to its average volume of 393,791. The firm has a 50-day moving average of GBX 124.12 and a 200-day moving average of GBX 158.77. The company has a market capitalization of £6.12 billion and a P/E ratio of 14.30. The company has a quick ratio of 0.84, a current ratio of 1.39, and a debt-to-equity ratio of 113.17. JD Sports Fashion has a 12-month minimum of GBX 98.94 ($1.21) and a 12-month maximum of GBX 235.70 ($2.89).
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About JD Sports Fashion (Get rating)
JD Sports Fashion plc is engaged in the retail sale of branded sports fashion and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through the Sports Fashion and Outdoor segments. The company also retails leisure goods, as well as distributes sports apparel and accessories, footwear and apparel, and rugby apparel and accessories.
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