JD Sports Fashion plc (LON:JD) receives average “Buy” rating from analysts


Shares of JD Sports Fashion plc (LON:JD) earned a consensus rating of “Buy” from the seven research firms that currently cover the company, Marketbeat.com reports. Two analysts gave the stock a hold rating and five gave the company a buy rating. The 12-month average price target among analysts who have reported on the stock over the past year is 547.50 GBX ($7.47).

Several equity analysts have recently published reports on the stock. Peel Hunt reaffirmed a “buy” rating and set a price target of 260 GBX ($3.55) on JD Sports Fashion shares in a Thursday, December 23 research note. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 300 ($4.09) price target on JD Sports Fashion shares in a Friday, Jan. 7 report. Shore Capital reiterated a “hold” rating on JD Sports Fashion shares in a Tuesday, January 11 report. Barclays reiterated an “overweight” rating and set a GBX 240 ($3.27) price target on JD Sports Fashion shares in a report on Friday. Finally, Berenberg Bank raised its price target on JD Sports Fashion shares from GBX 240 ($3.27) to GBX 285 ($3.89) and gave the stock a “buy” rating in a report. research on Friday, January 7.

In other news, insider Peter Alan Cowgill sold 10,000,000 shares of the company in a trade dated Thursday, January 13. The shares were sold at an average price of 213 GBX ($2.91), for a total value of £21,300,000 ($29,062,627.92).

Shares of JD Sports Fashion opened on Tuesday at GBX 196 ($2.67). The 50-day moving average price of the stock is 565.10 GBX. JD Sports Fashion has a 1-year minimum of 149.40 GBX ($2.04) and a 1-year maximum of 235.70 GBX ($3.22). The company has a debt ratio of 113.17, a quick ratio of 0.84 and a current ratio of 1.39. The company has a market capitalization of £10.11 billion and a P/E ratio of 23.61.

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About JD Sports Mode

JD Sports Fashion plc is engaged in the retail of brand name sports and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through Sports Fashion and Outdoor segments. The company also sells leisure items and distributes sports apparel and accessories, footwear and apparel, and rugby apparel and accessories.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

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