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

Shares of JD Sports Fashion Plc (LON:JD) have received an average rating of “Hold” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 233.

Several analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 460 target price on shares of JD Sports Fashion in a research report on Thursday, May 7th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 840 price target on shares of JD Sports Fashion in a research note on Wednesday, May 6th. Citigroup cut their price objective on shares of JD Sports Fashion from GBX 86 to GBX 83 and set a “neutral” rating for the company in a research report on Wednesday, May 20th. UBS Group restated a “neutral” rating and issued a GBX 94 price objective on shares of JD Sports Fashion in a research note on Tuesday, May 5th. Finally, Shore Capital Group reaffirmed a “hold” rating on shares of JD Sports Fashion in a report on Wednesday, July 22nd.

JD Sports Fashion Stock Down 2.6%

LON JD opened at GBX 90.02 on Tuesday. The company’s 50 day simple moving average is GBX 87.46 and its 200-day simple moving average is GBX 79.90. 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 cap of £4.66 billion, a price-to-earnings ratio of 900.20, a P/E/G ratio of 1.05 and a beta of 1.65.

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.