JD Sports Fashion’s (JD) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of JD Sports Fashion (LON:JD) in a research report sent to investors on Thursday morning, Marketbeat reports. Berenberg Bank currently has a GBX 150 price objective on the stock.

JD has been the topic of a number of other reports. JPMorgan Chase & Co. reduced their target price 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. Shore Capital Group reaffirmed a “hold” rating and set a GBX 75 price target on shares of JD Sports Fashion in a research note on Monday, September 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 95 price objective on shares of JD Sports Fashion in a report on Thursday, September 3rd. Citigroup upped their price objective on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research report on Friday, August 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 100 price objective on shares of JD Sports Fashion in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, JD Sports Fashion currently has a consensus rating of “Hold” and a consensus price target of GBX 191.89.

JD Sports Fashion Stock Performance

JD Sports Fashion stock opened at GBX 77.50 on Thursday. The business’s 50 day moving average is GBX 85.76 and its 200 day moving average is GBX 80.22. The firm has a market cap of £4.01 billion, a price-to-earnings ratio of 775.00, 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.

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