UBS Group Reaffirms Neutral Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “neutral” rating reissued by research analysts at UBS Group in a report released on Friday, Marketbeat Ratings reports. They presently have a GBX 84 ($1.14) price objective on the stock. UBS Group’s price objective indicates a potential downside of 4.02% from the company’s current price.

Other analysts have also recently issued reports about the stock. Royal Bank Of Canada upped their price objective on shares of JD Sports Fashion from GBX 90 ($1.22) to GBX 95 ($1.29) and gave the stock an “outperform” rating in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft upped their target price on shares of JD Sports Fashion from GBX 450 ($6.10) to GBX 490 ($6.64) and gave the stock a “sell” rating in a research report on Friday, July 11th. Shore Capital reiterated a “hold” rating on shares of JD Sports Fashion in a research report on Wednesday, July 23rd. Finally, Citigroup upped their target price on shares of JD Sports Fashion from GBX 83 ($1.12) to GBX 92 ($1.25) and gave the stock a “neutral” rating in a research report on Friday, August 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, JD Sports Fashion currently has an average rating of “Hold” and an average price target of GBX 165.67 ($2.25).

JD Sports Fashion Trading Down 0.7%

JD opened at GBX 87.52 ($1.19) on Friday. The company has a fifty day simple moving average of GBX 84.53 and a 200 day simple moving average of GBX 81.05. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The company has a market capitalization of £4.53 billion, a PE ratio of 875.20, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD) last posted its earnings results on Wednesday, May 21st. The company reported GBX 12.39 ($0.17) earnings per share for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. Equities analysts predict that JD Sports Fashion will post 15.037961 EPS for the current year.

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.