JD Sports Fashion's (JD) "Hold" Rating Reiterated at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reiterated its “Hold” rating on JD Sports Fashion and set a GBX 95 price target, implying approximately 15.85% upside from the stock’s current price.
• Analyst sentiment remains mixed but leans neutral: three analysts rate the stock a Buy and six rate it a Hold, producing a consensus “Hold” rating and an average target of GBX 191.89.
• JD Sports shares opened at GBX 82, with the company valued at approximately £4.25 billion; the stock’s 50-day and 200-day moving averages were GBX 87.82 and GBX 80.31, respectively.

JD Sports Fashion (LON:JD - Get Free Report)'s stock had its "hold" rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, London Stock Exchange reports. They presently have a GBX 95 price target on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 15.85% from the stock's current price.

JD has been the subject of a number of other research reports. Jefferies Financial Group restated a "buy" rating and issued a GBX 840 price target on shares of JD Sports Fashion in a research report on Wednesday, May 6th. Royal Bank Of Canada reaffirmed 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. JPMorgan Chase & Co. cut their price objective on JD Sports Fashion from GBX 90 to GBX 86 and set a "neutral" rating for the company in a research note on Friday, August 21st. Shore Capital Group reissued a "hold" rating and issued a GBX 75 target price on shares of JD Sports Fashion in a report on Thursday, August 20th. Finally, Citigroup raised their target price 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, August 21st. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of GBX 191.89.

JD Sports Fashion Stock Performance

Shares of JD Sports Fashion stock opened at GBX 82 on Thursday. The company has a market cap of £4.25 billion, a PE ratio of 820.00, a P/E/G ratio of 1.05 and a beta of 1.65. 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 business has a 50 day moving average of GBX 87.82 and a two-hundred day moving average of GBX 80.31.

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.

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