Royal Bank Of Canada Cuts JD Sports Fashion (LON:JD) Price Target to GBX 87

JD Sports Fashion (LON:JD) had its target price decreased by Royal Bank Of Canada from GBX 88 to GBX 87 in a research note issued to investors on Monday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has a market perform rating on the stock.

JD has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft decreased their target price on JD Sports Fashion from GBX 100 to GBX 95 and set a “hold” rating on the stock in a research report on Friday, November 21st. Berenberg Bank reissued a “buy” rating and set a GBX 155 price objective on shares of JD Sports Fashion in a report on Thursday, January 22nd. UBS Group restated a “neutral” rating and issued a GBX 94 target price on shares of JD Sports Fashion in a research note on Friday, January 16th. Peel Hunt reiterated a “buy” rating and set a GBX 200 price target on shares of JD Sports Fashion in a research note on Thursday, November 20th. Finally, JPMorgan Chase & Co. restated a “no recommendation” rating on shares of JD Sports Fashion in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, JD Sports Fashion presently has a consensus rating of “Hold” and an average target price of GBX 110.25.

JD Sports Fashion Trading Down 5.2%

Shares of JD Sports Fashion stock opened at GBX 82.30 on Monday. The business has a 50-day moving average of GBX 82.31 and a two-hundred day moving average of GBX 87.92. The firm has a market capitalization of £4.26 billion, a P/E ratio of 823.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

About JD Sports Fashion

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.