UBS Group began coverage on shares of JD Sports Fashion (LON:JD) in a research note published on Wednesday, Digital Look reports. The firm issued a buy rating and a GBX 790 ($10.32) price objective on the stock.
Several other research firms have also recently weighed in on JD. Peel Hunt reiterated a buy rating and set a GBX 800 ($10.45) price objective on shares of JD Sports Fashion in a report on Thursday, October 3rd. Peel Hunt lifted their price objective on JD Sports Fashion from GBX 700 ($9.15) to GBX 800 ($10.45) and gave the company a buy rating in a report on Thursday, October 3rd. Credit Suisse Group boosted their target price on JD Sports Fashion from GBX 680 ($8.89) to GBX 786 ($10.27) and gave the company an outperform rating in a research note on Thursday, September 12th. Morgan Stanley boosted their target price on JD Sports Fashion from GBX 570 ($7.45) to GBX 680 ($8.89) and gave the company an equal weight rating in a research note on Tuesday, September 17th. Finally, Shore Capital restated a buy rating on shares of JD Sports Fashion in a research note on Tuesday, October 1st. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 776 ($10.14).
LON:JD opened at GBX 727.40 ($9.50) on Wednesday. JD Sports Fashion has a fifty-two week low of GBX 318.50 ($4.16) and a fifty-two week high of GBX 755 ($9.87). The company has a debt-to-equity ratio of 200.92, a current ratio of 0.94 and a quick ratio of 0.37. The stock has a market capitalization of $7.08 billion and a PE ratio of 27.45. The business’s 50-day simple moving average is GBX 674.46 and its 200-day simple moving average is GBX 611.01.
In other news, insider Peter Alan Cowgill bought 15,000 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were purchased at an average price of GBX 613 ($8.01) per share, for a total transaction 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.
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