JD Sports Fashion (LON:JD - Get Free Report) had its price objective increased by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 450 ($6.04) to GBX 490 ($6.58) in a report released on Friday,London Stock Exchange reports. The firm presently has a "sell" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would indicate a potential upside of 491.64% from the stock's current price.
A number of other equities analysts also recently issued reports on JD. Berenberg Bank restated a "buy" rating and issued a GBX 128 ($1.72) price target on shares of JD Sports Fashion in a research note on Thursday, April 10th. Shore Capital reissued a "buy" rating on shares of JD Sports Fashion in a report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of GBX 204.50 ($2.75).
Read Our Latest Analysis on JD
JD Sports Fashion Trading Down 1.3%
LON JD traded down GBX 1.06 ($0.01) on Friday, hitting GBX 82.82 ($1.11). The company's stock had a trading volume of 12,200,410 shares, compared to its average volume of 393,791. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The firm's 50-day simple moving average is GBX 83.89 and its 200-day simple moving average is GBX 81.65. The firm has a market capitalization of £4.29 billion, a price-to-earnings ratio of 828.20, a P/E/G ratio of 1.05 and a beta of 1.65.
JD Sports Fashion (LON:JD - Get Free Report) last announced its earnings results on Wednesday, May 21st. The company reported GBX 12.39 ($0.17) earnings per share (EPS) for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%. On average, research analysts forecast that JD Sports Fashion will post 15.037961 EPS for the current fiscal year.
JD Sports Fashion announced that its Board of Directors has initiated a share repurchase plan on Thursday, April 10th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.
About JD Sports Fashion
(
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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.
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