JD Sports Fashion (LON:JD) Stock Keeps “Buy” Rating at Berenberg Bank

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued on Thursday, September 24th, MarketBeat reports. They presently have a GBX 150 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 84.55% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 100 price target on shares of JD Sports Fashion in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 95 price objective on shares of JD Sports Fashion in a research note on Thursday, September 3rd. Shore Capital Group reiterated a “hold” rating and set a GBX 75 price target on shares of JD Sports Fashion in a report on Monday, September 21st. JPMorgan Chase & Co. lowered their price target on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a research report on Friday, August 21st. Finally, Citigroup raised their price objective on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of GBX 191.89.

JD Sports Fashion Price Performance

LON JD traded up GBX 1.26 during trading hours on Thursday, hitting GBX 81.28. 13,261,265 shares of the company’s stock traded hands, compared to its average volume of 393,791. The company has a market cap of £4.21 billion, a P/E ratio of 812.80, a PEG ratio of 1.05 and a beta of 1.65. 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 company’s 50-day moving average is GBX 85.28 and its 200-day moving average is GBX 80.31.

JD Sports Fashion (LON:JD) last released its earnings results on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. Equities research analysts predict that JD Sports Fashion will post 15.037961 earnings per share for the current fiscal year.

Insider Transactions at JD Sports Fashion

In other JD Sports Fashion news, insider Peter Agnefjäl bought 320,000 shares of JD Sports Fashion stock in a transaction on Friday, September 25th. The shares were bought at an average price of GBX 77 per share, for a total transaction of £246,400. 51.91% of the stock is currently owned by company insiders.

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.