Deutsche Bank Aktiengesellschaft Has Lowered Expectations for JD Sports Fashion (LON:JD) Stock Price

JD Sports Fashion (LON:JD) had its price target decreased by analysts at Deutsche Bank Aktiengesellschaft from GBX 95 to GBX 85 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 3.28% from the company’s current price.

Several other equities research analysts have also recently commented on the company. UBS Group reissued a “neutral” rating and set a GBX 94 target price on shares of JD Sports Fashion in a report on Friday, January 16th. JPMorgan Chase & Co. reissued a “no recommendation” rating on shares of JD Sports Fashion in a research note 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 for the company in a report on Monday. Peel Hunt reaffirmed a “buy” rating and set a GBX 200 target price on shares of JD Sports Fashion in a research note on Thursday, November 20th. Finally, Shore Capital reiterated a “hold” rating and issued a GBX 85 price target on shares of JD Sports Fashion in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, JD Sports Fashion has a consensus rating of “Hold” and a consensus target price of GBX 110.25.

JD Sports Fashion Trading Down 5.2%

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