JD Sports Fashion (LON:JD – Get Rating) had its price target lowered by equities researchers at JPMorgan Chase & Co. from GBX 300 ($3.70) to GBX 255 ($3.14) in a research note issued on Wednesday, MarketBeat.com reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 93.40% from the company’s current price.
A number of other equities analysts also recently weighed in on JD. Royal Bank of Canada lowered their target price on shares of JD Sports Fashion from GBX 250 ($3.08) to GBX 210 ($2.59) and set an “outperform” rating on the stock in a report on Monday. Deutsche Bank Aktiengesellschaft started coverage on JD Sports Fashion in a report on Tuesday, May 3rd. They set a “buy” rating and a GBX 875 ($10.79) price target for the company. Morgan Stanley reaffirmed an “equal weight” rating on shares of JD Sports Fashion in a report on Friday, March 25th. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Thursday, May 12th. Finally, Barclays cut their price target on JD Sports Fashion from GBX 240 ($2.96) to GBX 195 ($2.40) and set an “overweight” rating for the company in a report on Monday. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 537.50 ($6.63).
Shares of JD opened at GBX 131.85 ($1.63) on Wednesday. The firm has a market capitalization of £6.80 billion and a P/E ratio of 15.89. JD Sports Fashion has a 1-year low of GBX 116.90 ($1.44) and a 1-year high of GBX 235.70 ($2.91). The stock’s fifty day moving average price is GBX 141.94. The company has a debt-to-equity ratio of 113.17, a quick ratio of 0.84 and a current ratio of 1.39.
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.
- The Weber, Inc Growth Story Goes Up In Smoke
- Roku Stock is Repricing and Resetting Itself
- The Institutions Are Capping Gains In Take-Two Interactive
- Walmart’s “Everyday Low Prices” Gets Burned By Inflation
- VMWare Inc: Strong Revenues and Excellent Potential
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.