JD Sports Fashion’s (JD) Buy Rating Reiterated at Shore Capital

Shore Capital restated their buy rating on shares of JD Sports Fashion (LON:JD) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other analysts also recently issued reports on the stock. Berenberg Bank reaffirmed a buy rating on shares of JD Sports Fashion in a research report on Wednesday, February 26th. Peel Hunt reaffirmed a buy rating on shares of JD Sports Fashion in a research report on Tuesday. Peel Hunt reaffirmed a buy rating and issued a GBX 900 ($11.84) price objective on shares of JD Sports Fashion in a research report on Friday, March 6th. UBS Group downgraded shares of JD Sports Fashion to a neutral rating and increased their price objective for the company from GBX 790 ($10.39) to GBX 860 ($11.31) in a research report on Tuesday, January 14th. Finally, Stifel Nicolaus downgraded shares of JD Sports Fashion to a hold rating and increased their price objective for the company from GBX 680 ($8.95) to GBX 780 ($10.26) in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 902.27 ($11.87).

Shares of LON:JD opened at GBX 501.20 ($6.59) on Tuesday. The company has a quick ratio of 0.37, a current ratio of 0.94 and a debt-to-equity ratio of 200.92. JD Sports Fashion has a 52-week low of GBX 274.70 ($3.61) and a 52-week high of GBX 890 ($11.71). The company has a 50 day moving average of GBX 690.25 and a two-hundred day moving average of GBX 756.12. The company has a market capitalization of $4.87 billion and a price-to-earnings ratio of 18.91.

JD Sports Fashion Company Profile

JD Sports Fashion Plc engages in the retail of branded sports fashionwear, and outdoor clothing and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company retails sports and fashion clothing, footwear, equipment, and sports and leisure goods, as well as distributes sports clothing and accessories, footwear and apparel, and rugby clothing and accessories.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

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