JD Sports Fashion’s (JD) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of JD Sports Fashion (LON:JD) in a research note released on Thursday, MarketBeat.com reports. They currently have a GBX 155 price target on the stock.

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

JD Sports Fashion Stock Down 2.3%

Shares of JD opened at GBX 82.64 on Thursday. 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 company has a 50-day simple moving average of GBX 81.46 and a 200 day simple moving average of GBX 88.13. The firm has a market capitalization of £4.28 billion, a P/E ratio of 826.40, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

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.