JD Sports Fashion Plc (LON:JD) Given Average Rating of “Moderate Buy” by Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 487 ($6.12).

A number of equities research analysts have commented on JD shares. Jefferies Financial Group raised their price objective on JD Sports Fashion from GBX 900 ($11.30) to GBX 925 ($11.62) and gave the company a “buy” rating in a research note on Tuesday, February 20th. Barclays upped their price objective on shares of JD Sports Fashion from GBX 150 ($1.88) to GBX 165 ($2.07) and gave the stock an “overweight” rating in a research report on Wednesday, April 3rd. Shore Capital reaffirmed a “hold” rating on shares of JD Sports Fashion in a research report on Wednesday, May 8th. Finally, Citigroup reissued a “buy” rating and issued a GBX 925 ($11.62) price objective on shares of JD Sports Fashion in a research report on Tuesday, April 23rd.

JD Sports Fashion Trading Down 1.1 %

JD opened at GBX 125.45 ($1.58) on Friday. The stock has a market cap of £6.50 billion, a PE ratio of 3,171.25, a price-to-earnings-growth ratio of 0.96 and a beta of 1.57. The company has a quick ratio of 0.71, a current ratio of 1.36 and a debt-to-equity ratio of 95.32. The company has a fifty day moving average of GBX 119.48 and a 200-day moving average of GBX 128.97. JD Sports Fashion has a twelve month low of GBX 103 ($1.29) and a twelve month high of GBX 178.10 ($2.24).

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.