JD Sports Fashion Plc (LON:JD) Receives Consensus Rating of “Hold” from Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have earned an average rating of “Hold” from the eight research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 232.67.

Several equities research analysts have recently weighed in on the company. Shore Capital Group reiterated a “hold” rating on shares of JD Sports Fashion in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 460 price target on shares of JD Sports Fashion in a report on Thursday, May 7th. Berenberg Bank reiterated a “buy” rating and issued a GBX 155 price target on shares of JD Sports Fashion in a report on Friday, May 8th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 840 price target on shares of JD Sports Fashion in a report on Wednesday, May 6th. Finally, Citigroup reduced their price target on JD Sports Fashion from GBX 86 to GBX 83 and set a “neutral” rating on the stock in a report on Wednesday, May 20th.

JD Sports Fashion Trading Up 2.2%

LON:JD opened at GBX 86.46 on Thursday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The stock has a market capitalization of £4.48 billion, a P/E ratio of 864.60, a P/E/G ratio of 1.05 and a beta of 1.65. The stock has a 50 day moving average price of GBX 74.98 and a 200-day moving average price of GBX 77.88.

JD Sports Fashion (LON:JD) last posted its earnings results on Monday, May 11th. The company reported GBX 8.63 EPS for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%.The company had revenue of GBX 1,266.20 billion for the quarter. On average, research analysts forecast that JD Sports Fashion will post 15.037961 earnings per share for the current year.

JD Sports Fashion declared that its Board of Directors has initiated a stock repurchase program on Monday, February 23rd that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.

JD Sports Fashion Company Profile

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.