Analysts Set JD Sports Fashion Plc (LON:JD) Target Price at GBX 280

Shares of JD Sports Fashion Plc (LON:JD) have earned an average rating of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 280 ($3.50).

A number of brokerages recently weighed in on JD. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a research report on Tuesday, January 14th. Citigroup cut JD Sports Fashion to a “neutral” rating and decreased their target price for the company from GBX 150 ($1.88) to GBX 95 ($1.19) in a research report on Thursday, January 23rd. JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.31) price target on the stock. in a research note on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 110 ($1.38) price objective on shares of JD Sports Fashion in a research note on Friday, November 22nd.

JD Sports Fashion Trading Down 0.4 %

JD Sports Fashion stock opened at GBX 84.64 ($1.06) on Monday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The stock’s 50-day moving average price is GBX 94.46 and its two-hundred day moving average price is GBX 118.38. The stock has a market cap of £4.38 billion, a PE ratio of 846.40, a P/E/G ratio of 1.05 and a beta of 1.65.

Insider Activity

In related news, insider Andy Long purchased 31,064 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were bought at an average price of GBX 96 ($1.20) per share, for a total transaction of £29,821.44 ($37,281.46). Also, insider Regis Schultz acquired 109,933 shares of the stock in a transaction dated Tuesday, January 14th. The shares were bought at an average cost of GBX 90 ($1.13) per share, with a total value of £98,939.70 ($123,690.09). Company insiders own 51.91% of the company’s stock.

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.