JD Sports Fashion (LON:JD) Receives “Buy” Rating from Shore Capital

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Shore Capital reissued their buy rating on shares of JD Sports Fashion (LON:JD) in a report published on Tuesday, ThisIsMoney.Co.Uk reports.

Several other analysts also recently commented on the stock. Peel Hunt reiterated a buy rating and issued a GBX 800 ($10.52) price target on shares of JD Sports Fashion in a research report on Monday, November 25th. JPMorgan Chase & Co. upped their price target on shares of JD Sports Fashion from GBX 1,070 ($14.08) to GBX 1,100 ($14.47) and gave the company an underweight rating in a research report on Thursday, November 14th. Stifel Nicolaus downgraded shares of JD Sports Fashion to a hold rating and upped their price target for the company from GBX 680 ($8.95) to GBX 780 ($10.26) in a research report on Tuesday, December 3rd. Berenberg Bank upped their price target on shares of JD Sports Fashion from GBX 860 ($11.31) to GBX 950 ($12.50) and gave the company a buy rating in a research report on Monday, January 13th. Finally, Peel Hunt reiterated a buy rating on shares of JD Sports Fashion in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. JD Sports Fashion presently has an average rating of Hold and an average target price of GBX 973.27 ($12.80).

JD stock opened at GBX 867.40 ($11.41) on Tuesday. The company has a fifty day moving average price of GBX 841.94 and a 200 day moving average price of GBX 748.63. JD Sports Fashion has a 12 month low of GBX 436.50 ($5.74) and a 12 month high of GBX 890 ($11.71). The company has a market cap of $8.44 billion and a price-to-earnings ratio of 32.73. The company has a debt-to-equity ratio of 200.92, a current ratio of 0.94 and a quick ratio of 0.37.

About JD Sports Fashion

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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Analyst Recommendations for JD Sports Fashion (LON:JD)

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