JD Sports Fashion’s (JD) Buy Rating Reiterated at Shore Capital
Shore Capital reaffirmed their buy rating on shares of JD Sports Fashion (LON:JD) in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also recently issued reports on JD. Royal Bank of Canada increased their price objective on shares of JD Sports Fashion from GBX 1,300 ($17.10) to GBX 1,550 ($20.39) and gave the stock an underperform rating in a research report on Friday, January 10th. Peel Hunt reissued a buy rating on shares of JD Sports Fashion in a research report on Wednesday, February 5th. Liberum Capital reissued a hold rating and set a GBX 1,370 ($18.02) price objective on shares of JD Sports Fashion in a research report on Wednesday, November 13th. JPMorgan Chase & Co. increased their price objective on shares of JD Sports Fashion from GBX 1,070 ($14.08) to GBX 1,100 ($14.47) and gave the stock an underweight rating in a research report on Thursday, November 14th. Finally, UBS Group cut shares of JD Sports Fashion to a neutral rating and increased their price objective for the stock from GBX 790 ($10.39) to GBX 860 ($11.31) in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. JD Sports Fashion presently has an average rating of Hold and a consensus price target of GBX 973.27 ($12.80).
JD stock opened at GBX 866.80 ($11.40) on Tuesday. The stock has a market capitalization of $8.42 billion and a PE ratio of 32.71. The company’s 50-day moving average is GBX 841.28 and its 200-day moving average is GBX 747.38. 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 has a 1 year low of GBX 436.50 ($5.74) and a 1 year high of GBX 890 ($11.71).
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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