JD Sports Fashion PLC (JD) Receives “Buy” Rating from Peel Hunt
JD Sports Fashion PLC (LON:JD)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research note issued on Monday. They presently have a GBX 1,650 ($20.61) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 415.63% from the company’s current price.
A number of other research firms have also recently weighed in on JD. Investec lowered their price target on JD Sports Fashion PLC from GBX 1,600 ($19.99) to GBX 365 ($4.56) and set a “buy” rating on the stock in a report on Monday. Beaufort Securities restated a “buy” rating on shares of JD Sports Fashion PLC in a report on Wednesday, September 14th. Finally, Numis Securities Ltd restated a “reduce” rating and issued a GBX 745 ($9.31) price target on shares of JD Sports Fashion PLC in a report on Tuesday, September 13th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,021.25 ($12.76).
Shares of JD Sports Fashion PLC (LON:JD) opened at 323.10 on Monday. The firm’s 50-day moving average price is GBX 1,558.70 and its 200 day moving average price is GBX 1,357.28. JD Sports Fashion PLC has a 1-year low of GBX 312.60 and a 1-year high of GBX 1,627.40. The firm’s market cap is GBX 628.90 million.
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About JD Sports Fashion PLC
JD Sports Fashion Plc is a United Kingdom-based is a multichannel retailer of sports fashion and outdoor brands in the United Kingdom and Europe. The principal activity of the Company is the retail of branded sports fashion wear and outdoor clothing and equipment. The Company operates through the Sports Fashion and outdoor segment.
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