JD Sports Fashion (LON:JD) Price Target Cut to GBX 87 by Analysts at Royal Bank Of Canada

JD Sports Fashion (LON:JD) had its target price cut by Royal Bank Of Canada from GBX 88 to GBX 87 in a research note released on Monday, Marketbeat Ratings reports. They currently have a market perform rating on the stock.

Other analysts have also recently issued reports about the stock. Peel Hunt restated a “buy” rating and set a GBX 200 target price on shares of JD Sports Fashion in a report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft cut their price objective on JD Sports Fashion from GBX 100 to GBX 95 and set a “hold” rating for the company in a research report on Friday, November 21st. JPMorgan Chase & Co. restated a “no recommendation” rating on shares of JD Sports Fashion in a report on Thursday, January 22nd. Shore Capital reaffirmed a “hold” rating on shares of JD Sports Fashion in a research report on Wednesday, January 21st. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 94 price target on shares of JD Sports Fashion in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 113.75.

JD Sports Fashion Trading Up 0.6%

LON:JD opened at GBX 82.24 on Monday. The firm’s fifty day simple moving average is GBX 81.97 and its 200-day simple moving average is GBX 87.98. The company has a market cap of £4.26 billion, a price-to-earnings ratio of 822.40, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.