JD Sports Fashion (LON:JD) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of JD Sports Fashion (LON:JD) in a report released on Thursday, Marketbeat reports. The firm currently has a GBX 155 price objective on the stock.

A number of other equities analysts have also commented on JD. Shore Capital reaffirmed a “hold” rating on shares of JD Sports Fashion in a research note on Wednesday. UBS Group restated a “neutral” rating and set a GBX 94 price target on shares of JD Sports Fashion in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of JD Sports Fashion from GBX 100 to GBX 95 and set a “hold” rating on the stock in a research note on Friday, November 21st. Peel Hunt reissued a “buy” rating and set a GBX 200 target price on shares of JD Sports Fashion in a research note on Thursday, November 20th. Finally, Citigroup upped their price target on shares of JD Sports Fashion from GBX 95 to GBX 104 and gave the company a “neutral” rating in a research report on Friday, October 3rd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 114.75.

JD Sports Fashion Trading Up 3.1%

Shares of JD opened at GBX 84.62 on Thursday. The stock’s 50 day moving average is GBX 81.45 and its 200-day moving average is GBX 88.17. The firm has a market cap of £4.38 billion, a P/E ratio of 846.20, a PEG 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.

JD Sports Fashion declared that its Board of Directors has authorized a stock repurchase plan on Thursday, September 25th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

JD Sports Fashion News Roundup

Here are the key news stories impacting JD Sports Fashion this week:

• Positive Sentiment: Berenberg reaffirmed a “buy” and set a GBX 155 price target, signaling significant upside versus the current share price. Berenberg buy, GBX 155 PT
• Positive Sentiment: Company says profit is expected to meet market expectations and highlights improving US sales — a constructive point that may support near‑term earnings forecasts. Profit to meet expectations; US sales improve
• Neutral Sentiment: JPMorgan reaffirmed a “no recommendation” on the stock, leaving institutional guidance unchanged. JPMorgan no recommendation
• Neutral Sentiment: Shore Capital maintained a “hold” rating, indicating mixed analyst conviction and limited near‑term catalyst from that house. Shore Capital hold
• Neutral Sentiment: Coverage describes a “resilient” peak trading period against a volatile consumer backdrop — a sign management navigated disruption but did not deliver strong top‑line growth. Resilient peak trading period
• Negative Sentiment: Multiple reports show Christmas / Q4 sales declined and JD flagged “muted” growth ahead, driven by weak UK and European demand — the principal near‑term risk to revenue and the stock. Q4 sales fall amidst volatile backdrop
• Negative Sentiment: Coverage collectively warns of a sales slip in the fourth quarter and flags subdued growth expectations — a factor that could pressure sentiment until clearer signs of recovery in UK/Europe appear. Sales decline during Christmas trading

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.