JD Sports Fashion (LON:JD) Earns “Buy” Rating from Citigroup

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

JD has been the subject of a number of other research reports. Jefferies Financial Group upped 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 research report on Tuesday, February 20th. Barclays upped 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 research report on Wednesday, April 3rd. Finally, Shore Capital reiterated a buy rating on shares of JD Sports Fashion in a research report on Thursday, March 28th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of Buy and a consensus target price of GBX 487 ($6.02).

JD Sports Fashion Trading Down 2.4 %

Shares of LON:JD opened at GBX 116.30 ($1.44) on Tuesday. The company has a market cap of £6.02 billion, a P/E ratio of 2,978.75, a PEG ratio of 0.94 and a beta of 1.56. The company has a debt-to-equity ratio of 95.32, a current ratio of 1.36 and a quick ratio of 0.71. JD Sports Fashion has a 1 year low of GBX 103 ($1.27) and a 1 year high of GBX 178.10 ($2.20). The stock’s fifty day moving average price is GBX 118.25 and its 200-day moving average price is GBX 130.63.

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.