JD Sports Fashion (LON:JD) Given New GBX 460 Price Target at Deutsche Bank Aktiengesellschaft

JD Sports Fashion (LON:JD) had its price objective decreased by Deutsche Bank Aktiengesellschaft from GBX 490 to GBX 460 in a report issued on Monday morning,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a sell rating on the stock.

JD has been the subject of a number of other research reports. Royal Bank Of Canada dropped 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 report on Monday, February 2nd. Berenberg Bank reissued a “buy” rating and set a GBX 155 price target on shares of JD Sports Fashion in a research note on Thursday, January 22nd. JPMorgan Chase & Co. restated a “no recommendation” rating on shares of JD Sports Fashion in a report on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and set a GBX 94 target price on shares of JD Sports Fashion in a report on Friday, January 16th. Finally, Citigroup decreased their target price on shares of JD Sports Fashion from GBX 87 to GBX 86 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of GBX 157.13.

JD Sports Fashion Trading Down 0.1%

JD opened at GBX 67.84 on Monday. The business has a 50-day moving average price of GBX 79.16 and a 200-day moving average price of GBX 84.96. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The stock has a market cap of £3.51 billion, a PE ratio of 678.40, a P/E/G ratio of 1.05 and a beta of 1.65.

JD Sports Fashion announced that its Board of Directors has authorized a stock buyback plan on Monday, February 23rd that permits the company to buyback 0 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

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.