JD Sports Fashion (LON:JD) Earns Buy Rating from Peel Hunt
Peel Hunt reiterated their buy rating on shares of JD Sports Fashion (LON:JD) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently weighed in on JD. Stifel Nicolaus cut JD Sports Fashion to a hold rating and raised their price target for the company from GBX 680 ($8.95) to GBX 780 ($10.26) in a report on Tuesday, December 3rd. JPMorgan Chase & Co. raised their price target on JD Sports Fashion from GBX 1,070 ($14.08) to GBX 1,100 ($14.47) and gave the company an underweight rating in a report on Thursday, November 14th. Shore Capital reaffirmed a buy rating on shares of JD Sports Fashion in a report on Tuesday. UBS Group cut JD Sports Fashion to a neutral rating and raised their price target for the company from GBX 790 ($10.39) to GBX 860 ($11.31) in a report on Tuesday, January 14th. Finally, Berenberg Bank raised their price target on JD Sports Fashion from GBX 860 ($11.31) to GBX 950 ($12.50) and gave the company a buy rating in a report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 973.27 ($12.80).
JD stock opened at GBX 866.80 ($11.40) on Tuesday. The business has a fifty day moving average price of GBX 841.28 and a 200 day moving average price of GBX 747.38. JD Sports Fashion has a fifty-two week low of GBX 436.50 ($5.74) and a fifty-two week high of GBX 890 ($11.71). The stock has a market capitalization of $8.42 billion and a price-to-earnings ratio of 32.71. The company has a debt-to-equity ratio of 200.92, a current ratio of 0.94 and a quick ratio of 0.37.
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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