JD Sports Fashion (LON:JD) Receives “No Recommendation” Rating from JPMorgan Chase & Co.

JD Sports Fashion (LON:JD)‘s stock had its “no recommendation” rating reissued by research analysts at JPMorgan Chase & Co. in a report released on Thursday, MarketBeat reports.

JD has been the topic of several other research reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 155 price target on shares of JD Sports Fashion in a research note on Thursday. UBS Group reaffirmed a “neutral” rating and set a GBX 94 price target on shares of JD Sports Fashion in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of JD Sports Fashion from GBX 100 to GBX 95 and set a “hold” rating for the company in a research report on Friday, November 21st. Peel Hunt restated a “buy” rating and issued a GBX 200 target price on shares of JD Sports Fashion in a research report on Thursday, November 20th. Finally, Citigroup upped their price target on shares of JD Sports Fashion from GBX 95 to GBX 104 and gave the stock a “neutral” rating in a report on Friday, October 3rd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, JD Sports Fashion has a consensus rating of “Hold” and an average target price of GBX 114.75.

JD Sports Fashion Stock Performance

JD opened at GBX 78.28 on Thursday. The firm has a market cap of £4.05 billion, a price-to-earnings ratio of 782.80, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The stock’s 50-day moving average is GBX 81.52 and its two-hundred day moving average is GBX 88.21.

JD Sports Fashion announced that its Board of Directors has authorized a stock repurchase plan on Thursday, September 25th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

JD Sports Fashion News Summary

Here are the key news stories impacting JD Sports Fashion this week:

• Positive Sentiment: US sales improvement and management guidance that profit should meet expectations provide earnings stability and limit downside risk. JD Sports Fashion says profit to meet expectations as US sales improve
• Positive Sentiment: Investment in AI-driven shopping and digital initiatives could drive higher conversion and margins over time, a strategic positive for growth. Why JD Sports Has Kicked On With A New Era Of AI Shopping
• Neutral Sentiment: Company describes a “resilient” peak trading period despite a volatile consumer backdrop — suggests operational resilience but limited upside. Resilient peak trading period for JD Sports Fashion
• Neutral Sentiment: Shore Capital reaffirmed a “hold” rating, indicating brokers see limited near-term catalysts. Broker Ratings – Digital Look
• Negative Sentiment: Underlying Christmas-period sales declined, highlighting weaker UK/Europe demand that pressures near-term revenue and investor sentiment. JD Sports Sees Decrease in Sales During Christmas Trading Period
• Negative Sentiment: Q4 sales slipped and management flagged “muted growth” ahead, increasing uncertainty on recovery timing for core UK/European markets. JD Sports sales slip in fourth quarter, flags muted growth ahead

About JD Sports Fashion

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.