Citigroup Reaffirms “Buy” Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reissued by stock analysts at Citigroup in a report issued on Tuesday, LSE.Co.UK reports. They presently have a GBX 925 ($11.43) price target on the stock.

Other research analysts have also issued reports about the company. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a report on Thursday, March 28th. Jefferies Financial Group increased their price objective on JD Sports Fashion from GBX 900 ($11.12) to GBX 925 ($11.43) and gave the company a “buy” rating in a report on Tuesday, February 20th. Finally, Barclays increased their price objective on JD Sports Fashion from GBX 150 ($1.85) to GBX 165 ($2.04) and gave the company an “overweight” rating in a report on Wednesday, April 3rd. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 487 ($6.02).

JD Sports Fashion Trading Down 3.1 %

JD Sports Fashion stock opened at GBX 119.15 ($1.47) on Tuesday. The stock has a 50-day moving average of GBX 117.90 and a two-hundred day moving average of GBX 130.68. The company has a debt-to-equity ratio of 95.32, a quick ratio of 0.71 and a current ratio of 1.36. JD Sports Fashion has a one year low of GBX 103 ($1.27) and a one year high of GBX 178.10 ($2.20). The stock has a market cap of £6.17 billion, a PE ratio of 3,072.50, a price-to-earnings-growth ratio of 0.94 and a beta of 1.56.

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.