JD Sports Fashion (LON:JD) Given New GBX 150 Price Target at Berenberg Bank

JD Sports Fashion (LON:JD) had its price objective decreased by equities research analysts at Berenberg Bank from GBX 155 to GBX 150 in a research report issued to clients and investors on Friday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 87.31% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Citigroup decreased their price target on shares of JD Sports Fashion from GBX 86 to GBX 83 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. JPMorgan Chase & Co. dropped their price objective on JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating for the company in a report on Friday. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 target price on shares of JD Sports Fashion in a research report on Wednesday, May 6th. UBS Group reiterated a “neutral” rating and issued a GBX 94 target price on shares of JD Sports Fashion in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 95 price target on shares of JD Sports Fashion in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 191.89.

JD Sports Fashion Stock Performance

JD Sports Fashion stock opened at GBX 80.08 on Friday. 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 firm has a 50-day moving average of GBX 87.86 and a 200 day moving average of GBX 80.08. The stock has a market capitalization of £4.15 billion, a P/E ratio of 800.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.