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

Shares of JD Sports Fashion Plc (LON:JD) have been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 191.89.

A number of brokerages recently issued reports on JD. Citigroup upped their price target on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a “neutral” rating in a research note on Friday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 840 target price on shares of JD Sports Fashion in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 95 target price on shares of JD Sports Fashion in a research report on Friday. Berenberg Bank reduced their price objective 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. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 100 price objective on shares of JD Sports Fashion in a research report on Monday, August 3rd.

JD Sports Fashion Stock Up 1.1%

LON:JD opened at GBX 85.50 on Tuesday. 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 firm has a fifty day moving average of GBX 87.66 and a two-hundred day moving average of GBX 80.08. The company has a market capitalization of £4.43 billion, a PE ratio of 855.00, a P/E/G ratio of 1.05 and a beta of 1.65.

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.