Deutsche Bank Aktiengesellschaft Reiterates "Hold" Rating for JD Sports Fashion (LON:JD)

Key Points

• Deutsche Bank reaffirmed a “Hold” rating on JD Sports Fashion and set a GBX 95 price target, implying 18.63% potential upside from the current price.
• Analyst sentiment remains mixed but leans neutral: JPMorgan, Citi, and UBS maintained or set “Neutral” ratings, while Jefferies and Berenberg retained “Buy” ratings. MarketBeat reports a consensus “Hold” rating.
• JD Sports shares opened at GBX 80.08, with a market capitalization of approximately £4.15 billion; the stock’s 50-day moving average was GBX 87.86.

JD Sports Fashion (LON:JD - Get Free Report)'s stock had its "hold" rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a report released on Friday,London Stock Exchange reports. They currently have a GBX 95 target price on the stock. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 18.63% from the stock's current price.

A number of other analysts have also commented on JD. JPMorgan Chase & Co. lowered 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 report on Friday. Jefferies Financial Group reissued a "buy" rating and issued a GBX 840 price target on shares of JD Sports Fashion in a research note on Wednesday, May 6th. Citigroup reduced their price target on JD Sports Fashion from GBX 86 to GBX 83 and set a "neutral" rating on the stock in a research report on Wednesday, May 20th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 155 price objective on shares of JD Sports Fashion in a research note on Thursday, July 2nd. Finally, UBS Group reiterated a "neutral" rating and issued a GBX 94 price objective on shares of JD Sports Fashion in a report on Tuesday, May 5th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of GBX 191.89.

JD Sports Fashion Price Performance

JD opened at GBX 80.08 on Friday. The business's fifty day simple moving average is GBX 87.86 and its 200 day simple moving average is GBX 80.08. The company has a market capitalization of £4.15 billion, a P/E ratio of 800.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

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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