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

JD Sports Fashion Plc (LON:JD) has earned a consensus recommendation of “Hold” from the nine brokerages that are currently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 191.89.

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 95 price objective on shares of JD Sports Fashion in a report on Thursday, September 3rd. JPMorgan Chase & Co. lowered their target price on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a report on Friday, August 21st. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 100 target price on shares of JD Sports Fashion in a research report on Monday, August 3rd. Berenberg Bank cut their target price on shares of JD Sports Fashion from GBX 155 to GBX 150 and set a “buy” rating for the company in a research note on Friday, August 21st. Finally, Shore Capital Group reiterated a “hold” rating and issued a GBX 75 price target on shares of JD Sports Fashion in a report on Thursday, August 20th.

JD Sports Fashion Trading Down 3.4%

Shares of JD opened at GBX 73.72 on Friday. The company’s 50-day simple moving average is GBX 86.80 and its 200 day simple moving average is GBX 80.29. The company has a market cap of £3.82 billion, a P/E ratio of 737.20, a PEG ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71.

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.