Brokerages Set JD Sports Fashion Plc (LON:JD) Target Price at GBX 459.40

Shares of JD Sports Fashion Plc (LON:JD) have earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 459.40 ($6.04).

Several brokerages have recently weighed in on JD. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 110 ($1.45) price target on shares of JD Sports Fashion in a report on Friday, August 23rd. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Thursday, August 22nd. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 172 ($2.26) price target on shares of JD Sports Fashion in a report on Tuesday, June 11th.

Insider Activity

In other JD Sports Fashion news, insider Darren M. Shapland acquired 40,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was purchased at an average price of GBX 111 ($1.46) per share, with a total value of £44,400 ($58,382.64). Company insiders own 51.91% of the company’s stock.

JD Sports Fashion Price Performance

LON:JD opened at GBX 133.60 ($1.76) on Friday. The firm has a market capitalization of £6.92 billion, a price-to-earnings ratio of 1,336.00, a PEG ratio of 0.93 and a beta of 1.65. JD Sports Fashion has a 1 year low of GBX 103 ($1.35) and a 1 year high of GBX 177.75 ($2.34). The business has a 50 day simple moving average of GBX 124.91 and a 200-day simple moving average of GBX 122.34. The company has a debt-to-equity ratio of 91.11, a current ratio of 1.52 and a quick ratio of 0.71.

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.