JD Sports Fashion (LON:JD) Price Target Cut to GBX 86 by Analysts at Citigroup

JD Sports Fashion (LON:JD) had its price target trimmed by Citigroup from GBX 87 to GBX 86 in a research note issued to investors on Tuesday, Marketbeat.com reports. The brokerage currently has a neutral rating on the stock.

JD has been the subject of several other reports. Royal Bank Of Canada reduced their target price on JD Sports Fashion from GBX 88 to GBX 87 and set a “market perform” rating for the company in a research note on Monday. Shore Capital reaffirmed a “hold” rating and set a GBX 85 price objective on shares of JD Sports Fashion in a research report on Monday. JPMorgan Chase & Co. reiterated a “no recommendation” rating on shares of JD Sports Fashion in a report on Thursday, January 22nd. UBS Group reissued a “neutral” rating and issued a GBX 94 price objective on shares of JD Sports Fashion in a research report on Friday, January 16th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 200 target price on shares of JD Sports Fashion in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, JD Sports Fashion currently has an average rating of “Hold” and an average target price of GBX 110.25.

JD Sports Fashion Stock Performance

JD Sports Fashion stock opened at GBX 82.30 on Tuesday. The stock’s 50 day simple moving average is GBX 82.14 and its 200-day simple moving average is GBX 87.96. The company has a market capitalization of £4.26 billion, a PE ratio of 823.00, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71.

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.