JD Sports Fashion (LON:JD) had its price target cut by investment analysts at Credit Suisse Group from GBX 881 ($11.59) to GBX 560 ($7.37) in a report issued on Friday, ThisIsMoney.Co.Uk reports. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 8.44% from the company’s current price.
JD has been the topic of several other reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 900 ($11.84) price target on shares of JD Sports Fashion in a report on Friday, March 6th. Berenberg Bank reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Wednesday, February 26th. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Tuesday. UBS Group lowered shares of JD Sports Fashion to a “neutral” rating and lifted their price target for the stock from GBX 790 ($10.39) to GBX 860 ($11.31) in a report on Tuesday, January 14th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 900 ($11.84) price target on shares of JD Sports Fashion in a report on Friday, March 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 902.27 ($11.87).
LON JD opened at GBX 516.40 ($6.79) on Friday. The firm’s fifty day simple moving average is GBX 690.25 and its two-hundred day simple moving average is GBX 756.12. The company has a current ratio of 0.94, a quick ratio of 0.37 and a debt-to-equity ratio of 200.92. JD Sports Fashion has a 12-month low of GBX 274.70 ($3.61) and a 12-month high of GBX 890 ($11.71). The firm has a market capitalization of $4.87 billion and a P/E ratio of 19.49.
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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