JD Sports Fashion Plc (LON:JD) Receives GBX 233 Average PT from Brokerages

JD Sports Fashion Plc (LON:JD) has been assigned an average rating of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 233.

Several equities analysts have recently weighed in on the company. Shore Capital Group restated a “hold” rating on shares of JD Sports Fashion in a report on Thursday. Berenberg Bank restated a “buy” rating and set a GBX 155 price target on shares of JD Sports Fashion in a report on Friday, May 8th. UBS Group restated a “neutral” rating and set a GBX 94 price target on shares of JD Sports Fashion in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 460 price target on shares of JD Sports Fashion in a report on Thursday, May 7th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 840 price target on shares of JD Sports Fashion in a report on Wednesday, May 6th.

JD Sports Fashion Price Performance

Shares of LON:JD opened at GBX 72.02 on Friday. 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 firm’s fifty day moving average is GBX 71.86 and its two-hundred day moving average is GBX 78.89. The company has a market capitalization of £3.73 billion, a P/E ratio of 720.20, a PEG ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD) last issued its quarterly earnings results on Monday, May 11th. The company reported GBX 8.63 earnings per share for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%.The firm had revenue of GBX 1,266.20 billion during the quarter. On average, sell-side analysts anticipate that JD Sports Fashion will post 15.037961 earnings per share for the current fiscal year.

JD Sports Fashion declared that its Board of Directors has authorized a stock repurchase plan on Monday, February 23rd that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are 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.