JD Sports Fashion Plc (LON:JD) Receives Consensus Rating of “Hold” from Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have been given a consensus recommendation of “Hold” by the eight brokerages that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 113.50.

Several equities analysts have weighed in on the company. Peel Hunt reissued a “buy” rating and set a GBX 200 price target on shares of JD Sports Fashion in a research report on Thursday, November 20th. JPMorgan Chase & Co. dropped their price objective on JD Sports Fashion from GBX 92 to GBX 90 and set a “neutral” rating for the company in a research report on Wednesday, September 3rd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of JD Sports Fashion from GBX 100 to GBX 95 and set a “hold” rating on the stock in a report on Friday, November 21st. Shore Capital downgraded shares of JD Sports Fashion to a “hold” rating and set a GBX 85 price target for the company. in a report on Monday, November 24th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 155 price objective on shares of JD Sports Fashion in a research report on Wednesday, September 24th.

JD Sports Fashion Trading Down 1.1%

LON:JD opened at GBX 80.86 on Thursday. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The stock has a market cap of £4.19 billion, a P/E ratio of 808.60, a P/E/G ratio of 1.05 and a beta of 1.65. The company’s fifty day simple moving average is GBX 87.57 and its 200-day simple moving average is GBX 87.75.

JD Sports Fashion (LON:JD) last released its quarterly earnings results on Wednesday, September 24th. The company reported GBX 4.60 EPS for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. On average, equities research analysts predict that JD Sports Fashion will post 15.037961 earnings per share for the current year.

JD Sports Fashion announced that its board has approved a stock buyback program on Thursday, September 25th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

JD Sports Fashion Company Profile

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.