JD Sports Fashion Plc (LON:JD) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts assign JD Sports Fashion an average “Hold” rating: Of eight analysts, four recommend holding, three recommend buying, and one recommends selling. The average 12-month price target is GBX 233.
• Recent recommendations remain mixed, with price targets ranging from GBX 94 from UBS to GBX 840 from Jefferies.
• JD Sports shares opened at GBX 90.02, giving the company a market capitalization of approximately £4.66 billion; its 50-day and 200-day moving averages were GBX 87.46 and GBX 79.90, respectively.

Shares of JD Sports Fashion Plc (LON:JD - Get Free Report) have received a consensus rating of "Hold" from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 233.

Several equities analysts have issued reports on the stock. Berenberg Bank restated a "buy" rating and set a GBX 155 target price on shares of JD Sports Fashion in a research note on Thursday, July 2nd. Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 100 price objective on shares of JD Sports Fashion in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a "sell" rating and set a GBX 460 price objective on shares of JD Sports Fashion in a research report on Thursday, May 7th. UBS Group restated a "neutral" rating and issued a GBX 94 target price on shares of JD Sports Fashion in a report on Tuesday, May 5th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 840 target price on shares of JD Sports Fashion in a research report on Wednesday, May 6th.

JD Sports Fashion Price Performance

Shares of LON:JD opened at GBX 90.02 on Tuesday. 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 company has a market capitalization of £4.66 billion, a P/E ratio of 900.20, a P/E/G ratio of 1.05 and a beta of 1.65. The firm's 50-day simple moving average is GBX 87.46 and its two-hundred day simple moving average is GBX 79.90.

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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