Peel Hunt Raises JD Sports Fashion (JD) Price Target to GBX 580
JD Sports Fashion (LON:JD) had its price objective upped by investment analysts at Peel Hunt from GBX 550 ($7.19) to GBX 580 ($7.58) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price objective points to a potential upside of 9.02% from the company’s previous close.
JD has been the topic of a number of other research reports. Berenberg Bank lifted their target price on JD Sports Fashion from GBX 530 ($6.93) to GBX 570 ($7.45) and gave the company a “buy” rating in a report on Friday, February 15th. Credit Suisse Group lifted their target price on JD Sports Fashion from GBX 454 ($5.93) to GBX 500 ($6.53) and gave the company an “outperform” rating in a report on Friday, January 18th. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a research report on Monday, January 14th. Finally, Barclays reissued an “overweight” rating on shares of JD Sports Fashion in a research report on Tuesday, January 15th. Five analysts have rated the stock with a buy rating, JD Sports Fashion presently has a consensus rating of “Buy” and an average price target of GBX 514.60 ($6.72).
Shares of JD Sports Fashion stock opened at GBX 532 ($6.95) on Tuesday. JD Sports Fashion has a twelve month low of GBX 318.50 ($4.16) and a twelve month high of GBX 539.40 ($7.05). The firm has a market capitalization of $5.18 billion and a P/E ratio of 20.62. The company has a debt-to-equity ratio of 35.75, a quick ratio of 0.44 and a current ratio of 1.22.
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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