JD Sports Fashion (LON:JD) Given New GBX 85 Price Target at Deutsche Bank Aktiengesellschaft

JD Sports Fashion (LON:JD) had its price objective lowered by analysts at Deutsche Bank Aktiengesellschaft from GBX 95 to GBX 85 in a research note issued on Tuesday, Marketbeat reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 3.36% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Shore Capital reiterated a “hold” rating and issued a GBX 85 price target on shares of JD Sports Fashion in a report on Monday. JPMorgan Chase & Co. reiterated a “no recommendation” rating on shares of JD Sports Fashion in a report on Thursday, January 22nd. Citigroup dropped their price target on JD Sports Fashion from GBX 87 to GBX 86 and set a “neutral” rating for the company in a research note on Tuesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 200 price objective on shares of JD Sports Fashion in a research note on Thursday, November 20th. Finally, Royal Bank Of Canada decreased their target price on JD Sports Fashion from GBX 88 to GBX 87 and set a “market perform” rating for the company in a report on Monday. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of GBX 110.25.

JD Sports Fashion Price Performance

Shares of JD stock opened at GBX 82.24 on Tuesday. The business’s fifty day moving average is GBX 81.97 and its 200-day moving average is GBX 87.98. The stock has a market cap of £4.26 billion, a price-to-earnings ratio of 822.40, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.