JD Sports Fashion (LON:JD) Receives Buy Rating from Citigroup

Citigroup reissued their buy rating on shares of JD Sports Fashion (LON:JD) in a report issued on Tuesday, LSE.Co.UK reports. The brokerage currently has a GBX 925 ($11.43) price objective on the stock.

Several other research firms have also recently commented on JD. Barclays raised their target price on shares of JD Sports Fashion from GBX 150 ($1.85) to GBX 165 ($2.04) and gave the stock an overweight rating in a research report on Wednesday, April 3rd. Shore Capital reaffirmed a buy rating on shares of JD Sports Fashion in a research report on Thursday, March 28th. Finally, Jefferies Financial Group raised their target price on shares of JD Sports Fashion from GBX 900 ($11.12) to GBX 925 ($11.43) and gave the stock a buy rating in a research report on Tuesday, February 20th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of Buy and an average target price of GBX 487 ($6.02).

JD Sports Fashion Trading Up 3.8 %

LON:JD opened at GBX 122.90 ($1.52) on Tuesday. The company has a 50-day moving average price of GBX 117.65 and a 200-day moving average price of GBX 130.83. JD Sports Fashion has a 12 month low of GBX 103 ($1.27) and a 12 month high of GBX 178.10 ($2.20). The company has a current ratio of 1.36, a quick ratio of 0.71 and a debt-to-equity ratio of 95.32. The stock has a market cap of £6.37 billion, a price-to-earnings ratio of 2,961.25, a P/E/G ratio of 0.94 and a beta of 1.56.

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.