JD Sports Fashion Plc (LON:JD) Stock Has Consensus Target Price of GBX 110.88 According to Analysts

JD Sports Fashion Plc (LON:JD) has earned an average recommendation of “Hold” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 110.88.

JD has been the subject of several research analyst reports. Shore Capital Group lowered JD Sports Fashion to a “hold” rating and dropped their price target for the stock from GBX 81 to GBX 75 in a research note on Friday, October 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 150 price objective on shares of JD Sports Fashion in a report on Monday. JPMorgan Chase & Co. reduced their price objective on 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. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 100 price objective on shares of JD Sports Fashion in a report on Monday, August 3rd. Finally, Citigroup raised their price objective on JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a report on Friday, August 21st.

Insider Transactions at JD Sports Fashion

In other news, insider Peter Agnefjäl bought 320,000 shares of the business’s stock in a transaction on Friday, September 25th. The stock was acquired at an average price of GBX 77 per share, with a total value of £246,400. 51.91% of the stock is currently owned by corporate insiders.

JD Sports Fashion Stock Performance

LON JD opened at GBX 94.36 on Friday. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The company has a market cap of £4.89 billion, a P/E ratio of 943.60, a P/E/G ratio of 1.05 and a beta of 1.65. The stock’s 50-day moving average is GBX 84.02 and its two-hundred day moving average is GBX 81.24.

JD Sports Fashion (LON:JD) last announced its earnings results on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share (EPS) for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. As a group, analysts forecast that JD Sports Fashion will post 15.04 EPS for the current fiscal year.

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.