JD Sports Fashion plc (LON:JD) Receives Consensus Rating of “Buy” from Brokerages

JD Sports Fashion plc (LON:JDGet Rating) has earned a consensus recommendation of “Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 507.86 ($6.47).

JD has been the subject of several recent research reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 300 ($3.82) price target on shares of JD Sports Fashion in a research report on Friday, January 7th. Berenberg Bank reissued a “buy” rating and issued a GBX 285 ($3.63) price target on shares of JD Sports Fashion in a research report on Monday, January 31st. Peel Hunt reissued a “buy” rating and issued a GBX 280 ($3.57) price target on shares of JD Sports Fashion in a research report on Tuesday, April 12th. Barclays reissued an “overweight” rating and issued a GBX 240 ($3.06) price target on shares of JD Sports Fashion in a research report on Friday, January 14th. Finally, Shore Capital reissued a “hold” rating on shares of JD Sports Fashion in a research report on Friday, March 18th.

JD opened at GBX 130 ($1.66) on Thursday. The company has a market cap of £6.71 billion and a price-to-earnings ratio of 15.66. The company has a current ratio of 1.39, a quick ratio of 0.84 and a debt-to-equity ratio of 113.17. JD Sports Fashion has a 12 month low of GBX 121.20 ($1.54) and a 12 month high of GBX 235.70 ($3.00). The stock has a fifty day moving average of GBX 149.43.

About JD Sports Fashion (Get Rating)

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, as well as distributes sports apparel and accessories, footwear and apparel, and rugby apparel and accessories.

See Also

Analyst Recommendations for JD Sports Fashion (LON:JD)

Receive News & Ratings for JD Sports Fashion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD Sports Fashion and related companies with MarketBeat.com's FREE daily email newsletter.