JD Sports Fashion Plc (LON:JD) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts give JD Sports a consensus "Hold" rating (5 hold, 2 buy) with an average 1‑year price target of GBX 110.25.
• Shares opened at GBX 67.84 (market cap £3.51bn) and trade well below analysts' target and recent 50/200‑day averages, while valuation metrics show a very high PE of 678.4 and a debt‑to‑equity ratio of 133.23.
• The board announced a stock buyback plan—typically signalling management sees undervaluation—although the report oddly states the authorization permits repurchase of 0 shares.

JD Sports Fashion Plc (LON:JD - Get Free Report) has received a consensus rating of "Hold" from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 110.25.

Several research analysts have weighed in on the company. Royal Bank Of Canada lowered their price target on 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. Shore Capital Group reissued a "hold" rating on shares of JD Sports Fashion in a research note on Friday. Berenberg Bank restated a "buy" rating and set a GBX 155 target price on shares of JD Sports Fashion in a report on Thursday, January 22nd. Citigroup cut their price target on shares of JD Sports Fashion from GBX 87 to GBX 86 and set a "neutral" rating for the company in a research note on Tuesday, February 3rd. Finally, UBS Group restated a "neutral" rating and set a GBX 94 price objective on shares of JD Sports Fashion in a research note on Friday, January 16th.

JD Sports Fashion Trading Down 0.1%

LON:JD opened at GBX 67.84 on Friday. The firm has a market capitalization of £3.51 billion, a PE ratio of 678.40, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. 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 firm has a 50-day simple moving average of GBX 79.49 and a 200-day simple moving average of GBX 85.29.

JD Sports Fashion announced that its Board of Directors has initiated a stock buyback plan on Monday, February 23rd that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

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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