JD Sports Fashion (LON:JD) Receives “Sector Perform” Rating from Royal Bank Of Canada

JD Sports Fashion (LON:JD)‘s stock had its “sector perform” rating reiterated by investment analysts at Royal Bank Of Canada in a research note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 100 target price on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 11.78% from the company’s previous close.

Several other equities research analysts have also weighed in on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 840 price objective on shares of JD Sports Fashion in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 460 price target on shares of JD Sports Fashion in a research report on Thursday, May 7th. Shore Capital Group reissued a “hold” rating on shares of JD Sports Fashion in a research note on Wednesday, July 22nd. UBS Group restated a “neutral” rating and set a GBX 94 price objective on shares of JD Sports Fashion in a report on Tuesday, May 5th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 155 price objective on shares of JD Sports Fashion in a research note on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 233.

JD Sports Fashion Price Performance

JD stock opened at GBX 89.46 on Monday. The firm has a market capitalization of £4.63 billion, a price-to-earnings ratio of 894.60, a PEG ratio of 1.05 and a beta of 1.65. The company’s 50 day simple moving average is GBX 85.35 and its 200 day simple moving average is GBX 79.14. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

JD Sports Fashion (LON:JD) last posted its quarterly earnings results on Monday, May 11th. The company reported GBX 8.63 earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,266.20 billion for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. As a group, sell-side analysts expect that JD Sports Fashion will post 15.037961 earnings per share for the current year.

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.