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Shares of JD Sports Fashion plc (LON:JD – Get Rating) have been assigned an average rating of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 262.14 ($3.16).
A number of research firms recently published reports on JD. Credit Suisse Group reissued an “outperform” rating and set a GBX 190 ($2.29) target price on shares of JD Sports Fashion in a research report on Monday, September 26th. Berenberg Bank cut their target price on shares of JD Sports Fashion from GBX 200 ($2.41) to GBX 180 ($2.17) and set a “buy” rating for the company in a research report on Tuesday, September 6th. Barclays decreased their price objective on shares of JD Sports Fashion from GBX 185 ($2.23) to GBX 175 ($2.11) and set an “overweight” rating for the company in a research report on Monday, September 26th. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research report on Monday, December 19th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of JD Sports Fashion from GBX 735 ($8.86) to GBX 630 ($7.59) and set a “buy” rating for the company in a research report on Thursday, October 27.
JD Sports Fashion Trading rose 2.4%
LON JD opened at GBX 126.15 ($1.52) on Tuesday. JD Sports Fashion has a 12 month low of GBX 88.40 ($1.07) and a 12 month high of GBX 229.40 ($2.76). The company has a 50-day moving average of GBX 116.39 and a 200-day moving average of GBX 117.46. The company has a debt-to-equity ratio of 91.09, a current ratio of 1.50, and a quick ratio of 0.71. The company has a market cap of £6.51 billion and a P/E ratio of 2,102.50.
Insider Buying and Selling
In related news, insider Andy Long bought 25,000 shares of the business’s stock in a transaction on Friday, October 14th. The shares were bought at an average cost of GBX 97 ($1.17) per share, for a total transaction of £24,250 ($29,216.87).
JD Sports Fashion Company Profile
(Get rating)
JD Sports Fashion plc engages in the retail sale of branded sports fashion and outerwear, footwear, accessories and equipment for children, women and men. It operates through Sport Fashion and Outdoor segments. The company also retails leisure goods, sporting goods, fishing equipment, watches, jewelry, camping goods, boats and bicycles, and distributes sports apparel and accessories, footwear and apparel.
Further reading
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