JD Sports Fashion Plc (LON:JD) Given Consensus Rating of "Hold" by Analysts

Key Points

• Consensus "Hold": Seven analysts give JD Sports an average recommendation of "Hold" (1 sell, 4 hold, 2 buy) with a 12‑month average target price of GBX 157.13.
• Shares opened at GBX 74.30 (down 1.2%); the company has a market cap of £3.85 billion and a notably high reported PE of 743, indicating very low or volatile earnings versus price.
• The board approved a share buyback plan for open‑market repurchases, while several brokers have recently cut targets—Deutsche Bank most prominently downgraded to "sell" with a lowered price target.

JD Sports Fashion Plc (LON:JD - Get Free Report) has been assigned an average recommendation of "Hold" from the seven ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 157.13.

A number of brokerages have commented on JD. Berenberg Bank reaffirmed a "buy" rating and set a GBX 155 price target on shares of JD Sports Fashion in a research report on Thursday, January 22nd. Royal Bank Of Canada cut their price target on shares of JD Sports Fashion from GBX 88 to GBX 87 and set a "market perform" rating on the stock in a research report on Monday, February 2nd. UBS Group reaffirmed a "neutral" rating and set a GBX 94 price target on shares of JD Sports Fashion in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft cut their price target on shares of JD Sports Fashion from GBX 490 to GBX 460 and set a "sell" rating on the stock in a research report on Monday, March 23rd. Finally, Citigroup cut their price target on shares of JD Sports Fashion from GBX 87 to GBX 86 and set a "neutral" rating on the stock in a research report on Tuesday, February 3rd.

JD Sports Fashion Stock Down 1.2%

Shares of JD Sports Fashion stock opened at GBX 74.30 on Wednesday. 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 company has a market capitalization of £3.85 billion, a PE ratio of 743.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The business has a fifty day simple moving average of GBX 75.32 and a two-hundred day simple moving average of GBX 82.61.

JD Sports Fashion announced that its Board of Directors has approved a share buyback plan on Monday, February 23rd that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

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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