JD Sports Fashion (LON:JD) was downgraded by stock analysts at UBS Group to a “neutral” rating in a research report issued to clients and investors on Tuesday, Stock Target Advisor reports. They currently have a GBX 860 ($11.31) target price on the stock, up from their prior target price of GBX 790 ($10.39). UBS Group’s price objective suggests a potential upside of 0.49% from the stock’s current price.
Several other equities research analysts have also commented on JD. Morgan Stanley boosted their price objective on shares of JD Sports Fashion from GBX 570 ($7.50) to GBX 680 ($8.95) and gave the stock an “equal weight” rating in a research note on Tuesday, September 17th. Peel Hunt reissued a “buy” rating on shares of JD Sports Fashion in a report on Monday, January 6th. Berenberg Bank boosted their price objective on shares of JD Sports Fashion from GBX 860 ($11.31) to GBX 950 ($12.50) and gave the company a “buy” rating in a report on Monday. Liberum Capital restated a “hold” rating and set a GBX 1,370 ($18.02) target price on shares of JD Sports Fashion in a research report on Wednesday, November 13th. Finally, Stifel Nicolaus lowered shares of JD Sports Fashion to a “hold” rating and upped their price target for the stock from GBX 680 ($8.95) to GBX 780 ($10.26) in a research report on Tuesday, December 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 967.82 ($12.73).
JD Sports Fashion stock traded up GBX 5.80 ($0.08) during trading hours on Tuesday, reaching GBX 855.80 ($11.26). The stock had a trading volume of 639,982 shares, compared to its average volume of 1,330,000. The stock has a market cap of $8.33 billion and a PE ratio of 32.29. JD Sports Fashion has a 52 week low of GBX 425.80 ($5.60) and a 52 week high of GBX 859.20 ($11.30). The company has a debt-to-equity ratio of 200.92, a current ratio of 0.94 and a quick ratio of 0.37. The company has a fifty day simple moving average of GBX 808.22 and a 200-day simple moving average of GBX 712.35.
About JD Sports Fashion
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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