Barclays Increases JD Sports Fashion (LON:JD) Price Target to GBX 165

JD Sports Fashion (LON:JD - Get Free Report) had its price target boosted by research analysts at Barclays from GBX 150 ($1.88) to GBX 165 ($2.07) in a research note issued on Wednesday, MarketBeat reports. The firm presently has an "overweight" rating on the stock. Barclays's price objective indicates a potential upside of 24.01% from the stock's previous close.

JD has been the subject of several other reports. Jefferies Financial Group raised their target price on JD Sports Fashion from GBX 900 ($11.30) to GBX 925 ($11.61) and gave the company a "buy" rating in a research note on Tuesday, February 20th. Shore Capital restated a "buy" rating on shares of JD Sports Fashion in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, JD Sports Fashion has an average rating of "Moderate Buy" and an average price target of GBX 442 ($5.55).

JD Sports Fashion Stock Down 1.1 %

LON JD traded down GBX 1.45 ($0.02) during trading hours on Wednesday, hitting GBX 133.05 ($1.67). The company had a trading volume of 21,263,319 shares, compared to its average volume of 393,791. The firm's 50 day moving average is GBX 115.05 and its 200 day moving average is GBX 132.74. The company has a debt-to-equity ratio of 95.32, a current ratio of 1.36 and a quick ratio of 0.71. The company has a market capitalization of £6.89 billion, a price-to-earnings ratio of 3,326.25, a P/E/G ratio of 1.01 and a beta of 1.56. JD Sports Fashion has a fifty-two week low of GBX 103 ($1.29) and a fifty-two week high of GBX 178.10 ($2.24).

Insider Buying and Selling

In other news, insider Andy Higginson purchased 45,487 shares of the firm's stock in a transaction that occurred on Thursday, January 18th. The stock was acquired at an average cost of GBX 109 ($1.37) per share, for a total transaction of £49,580.83 ($62,240.56). Insiders own 51.91% of the company's stock.

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.