JD Sports Fashion (LON:JD) Given “Buy” Rating at UBS Group

UBS Group reiterated their buy rating on shares of JD Sports Fashion (LON:JD) in a research note released on Friday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also commented on JD. Berenberg Bank increased their price target on JD Sports Fashion from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the company a buy rating in a research report on Monday, July 1st. Shore Capital reissued a buy rating on shares of JD Sports Fashion in a research report on Thursday, July 25th. Credit Suisse Group reissued an outperform rating and issued a GBX 680 ($8.89) price target on shares of JD Sports Fashion in a research report on Friday, June 21st. Peel Hunt reissued a buy rating and issued a GBX 650 ($8.49) price target on shares of JD Sports Fashion in a research report on Wednesday, July 3rd. Finally, Peel Hunt reissued a buy rating and issued a GBX 650 ($8.49) price target (up from GBX 580 ($7.58)) on shares of JD Sports Fashion in a research report on Friday, June 28th. Seven analysts have rated the stock with a buy rating, JD Sports Fashion presently has an average rating of Buy and an average price target of GBX 658.33 ($8.60).

LON JD traded down GBX 25.80 ($0.34) on Friday, reaching GBX 614.20 ($8.03). The company had a trading volume of 1,096,328 shares, compared to its average volume of 1,330,000. The stock has a market capitalization of $5.98 billion and a PE ratio of 22.83. The business has a fifty day moving average price of GBX 608.82. JD Sports Fashion has a 52-week low of GBX 318.50 ($4.16) and a 52-week high of GBX 648.60 ($8.48). The company has a quick ratio of 0.37, a current ratio of 1.32 and a debt-to-equity ratio of 11.70.

In other JD Sports Fashion news, insider Peter Alan Cowgill bought 15,000 shares of the firm’s stock in a transaction dated Thursday, July 25th. The stock was purchased at an average cost of GBX 613 ($8.01) per share, with a total value of £91,950 ($120,148.96).

JD Sports Fashion Company Profile

JD Sports Fashion Plc engages in the retail of branded sports fashionwear, and outdoor clothing and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company retails sports and fashion clothing, footwear, equipment, and sports and leisure goods, as well as distributes sports clothing and accessories, footwear and apparel, and rugby clothing and accessories.

Further Reading: QQQ ETF

Analyst Recommendations for JD Sports Fashion (LON:JD)

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