Citigroup Lowers JD Sports Fashion (LON:JD) Price Target to GBX 86

JD Sports Fashion (LON:JD) had its target price decreased by investment analysts at Citigroup from GBX 87 to GBX 86 in a note issued to investors on Tuesday, Marketbeat Ratings reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective would indicate a potential upside of 4.50% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. UBS Group reiterated a “neutral” rating and set a GBX 94 price objective on shares of JD Sports Fashion in a research note on Friday, January 16th. Shore Capital restated a “hold” rating and set a GBX 85 target price on shares of JD Sports Fashion in a report on Monday. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of JD Sports Fashion in a research report on Thursday, January 22nd. Royal Bank Of Canada cut their price objective on JD Sports Fashion from GBX 88 to GBX 87 and set a “market perform” rating on the stock in a research report on Monday. Finally, Peel Hunt restated a “buy” rating and set a GBX 200 price objective on shares of JD Sports Fashion in a research note on Thursday, November 20th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, JD Sports Fashion has an average rating of “Hold” and an average price target of GBX 110.25.

JD Sports Fashion Stock Performance

Shares of LON:JD opened at GBX 82.30 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The stock has a market cap of £4.26 billion, a PE ratio of 823.00, a P/E/G ratio of 1.05 and a beta of 1.65. The business’s 50-day moving average price is GBX 82.31 and its 200-day moving average price is GBX 87.92.

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.