Citigroup Reiterates Buy Rating for JD Sports Fashion (LON:JD)

Citigroup restated their buy rating on shares of JD Sports Fashion (LON:JD) in a research report report published on Tuesday, LSE.Co.UK reports. The firm currently has a GBX 925 ($11.43) price target on the stock.

Several other brokerages have also recently issued reports on JD. Jefferies Financial Group increased their target price on shares of JD Sports Fashion from GBX 900 ($11.12) to GBX 925 ($11.43) and gave the stock a buy rating in a report on Tuesday, February 20th. Barclays raised their price target on shares of JD Sports Fashion from GBX 150 ($1.85) to GBX 165 ($2.04) and gave the company an overweight rating in a report on Wednesday, April 3rd. Finally, Shore Capital restated a buy rating on shares of JD Sports Fashion in a report on Thursday, March 28th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of Buy and an average price target of GBX 487 ($6.02).

JD Sports Fashion Stock Up 3.8 %

Shares of JD Sports Fashion stock opened at GBX 122.90 ($1.52) on Tuesday. The company has a debt-to-equity ratio of 95.32, a current ratio of 1.36 and a quick ratio of 0.71. JD Sports Fashion has a 1 year low of GBX 103 ($1.27) and a 1 year high of GBX 178.10 ($2.20). The firm’s 50-day moving average is GBX 117.65 and its two-hundred day moving average is GBX 130.83. The stock has a market cap of £6.37 billion, a price-to-earnings ratio of 2,961.25, a PEG ratio of 0.94 and a beta of 1.56.

JD Sports Fashion Company Profile

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.