JD Sports Fashion Plc (LON:JD) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on JD Sports Fashion, with six hold recommendations and three buys. The average 12-month price target is GBX 191.89.
• Recent analyst actions were mixed: JPMorgan and Berenberg lowered their price targets, while Citigroup raised its target; ratings ranged from neutral/hold to buy.
• JD Sports shares were down 1.2% at GBX 78.10, with the company valued at approximately £4.05 billion.

Shares of JD Sports Fashion Plc (LON:JD - Get Free Report) have received an average rating of "Hold" from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 191.89.

JD has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a "neutral" rating for the company in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 95 price objective on shares of JD Sports Fashion in a research note on Thursday, September 3rd. Citigroup increased their price objective on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a "neutral" rating in a research report on Friday, August 21st. Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 100 target price on shares of JD Sports Fashion in a research note on Monday, August 3rd. Finally, Berenberg Bank dropped their target price on shares of JD Sports Fashion from GBX 155 to GBX 150 and set a "buy" rating on the stock in a report on Friday, August 21st.

JD Sports Fashion Trading Down 1.2%

Shares of JD stock opened at GBX 78.10 on Friday. The firm has a market capitalization of £4.05 billion, a PE ratio of 781.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a fifty day moving average of GBX 87.35 and a 200-day moving average of GBX 80.42. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

About JD Sports Fashion

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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