JD Sports Fashion PLC (LON:JD) Receives Average Rating of “Buy” from Brokerages
Shares of JD Sports Fashion PLC (LON:JD) have earned an average recommendation of “Buy” from the seven analysts that are covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 666.67 ($8.71).
Several equities analysts have weighed in on JD shares. Peel Hunt reissued a “buy” rating and issued a GBX 650 ($8.49) target price (up previously from GBX 580 ($7.58)) on shares of JD Sports Fashion in a research note on Friday, June 28th. Credit Suisse Group reaffirmed an “outperform” rating on shares of JD Sports Fashion in a research report on Wednesday. UBS Group reaffirmed a “buy” rating on shares of JD Sports Fashion in a research report on Friday, August 2nd. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research report on Thursday, July 25th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 650 ($8.49) price target on shares of JD Sports Fashion in a research report on Wednesday, July 3rd.
LON:JD traded down GBX 16.80 ($0.22) during trading hours on Thursday, reaching GBX 581.40 ($7.60). The company had a trading volume of 1,032,669 shares, compared to its average volume of 1,330,000. The business has a 50-day simple moving average of GBX 612.65. JD Sports Fashion has a one year low of GBX 318.50 ($4.16) and a one year high of GBX 653.20 ($8.54). The firm has a market cap of $5.66 billion and a price-to-earnings ratio of 21.61. The company has a quick ratio of 0.37, a current ratio of 1.32 and a debt-to-equity ratio of 11.70.
About JD Sports Fashion
JD Sports Fashion Plc engages in the retail of branded sports fashionwear, and outdoor clothing and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company retails sports and fashion clothing, footwear, equipment, and sports and leisure goods, as well as distributes sports clothing and accessories, footwear and apparel, and rugby clothing and accessories.
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