Analysts Set JD Sports Fashion Plc (LON:JD) Target Price at GBX 110.25

Shares of JD Sports Fashion Plc (LON:JD) have been assigned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 110.25.

Several equities analysts recently weighed in on JD shares. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price target on shares of JD Sports Fashion in a report on Thursday, November 20th. Shore Capital Group reiterated a “hold” rating and issued a GBX 85 price objective on shares of JD Sports Fashion in a research note on Monday, February 2nd. UBS Group restated a “neutral” rating and set a GBX 94 target price on shares of JD Sports Fashion in a research report on Friday, January 16th. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of JD Sports Fashion in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada reduced their price objective on JD Sports Fashion from GBX 88 to GBX 87 and set a “market perform” rating for the company in a research note on Monday, February 2nd.

JD Sports Fashion Stock Down 0.1%

Shares of LON:JD opened at GBX 81.98 on Tuesday. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The stock has a market capitalization of £4.25 billion, a PE ratio of 819.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The business has a 50-day moving average price of GBX 82.24 and a 200-day moving average price of GBX 87.04.

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 purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management 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.