JD Sports Fashion Plc (LON:JD) Receives Average Recommendation of “Hold” from Analysts

Shares of JD Sports Fashion Plc (LON:JD) have received a consensus rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 110.25.

Several equities research analysts have issued reports on JD shares. Peel Hunt reissued a “buy” rating and issued a GBX 200 price target on shares of JD Sports Fashion in a report on Thursday, November 20th. Citigroup lowered 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 note on Tuesday, February 3rd. JPMorgan Chase & Co. reissued a “no recommendation” rating on shares of JD Sports Fashion in a research report on Thursday, January 22nd. Shore Capital Group reaffirmed a “hold” rating and set a GBX 85 price objective on shares of JD Sports Fashion in a report on Monday, February 2nd. Finally, Royal Bank Of Canada cut 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.

JD Sports Fashion Trading Down 0.3%

Shares of LON:JD opened at GBX 78.18 on Tuesday. The firm has a market cap of £4.05 billion, a price-to-earnings ratio of 781.80, 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. The stock’s fifty day moving average price is GBX 82.47 and its 200 day moving average price is GBX 87.25.

JD Sports Fashion announced that its Board of Directors has initiated a share repurchase program 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. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

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. 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.