Deutsche Bank Aktiengesellschaft Cuts JD Sports Fashion (LON:JD) Price Target to GBX 85

JD Sports Fashion (LON:JD) had its price objective reduced by Deutsche Bank Aktiengesellschaft from GBX 95 to GBX 85 in a research report report published on Tuesday morning, MarketBeat reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

A number of other brokerages also recently commented on JD. Shore Capital restated a “hold” rating and issued a GBX 85 target price on shares of JD Sports Fashion in a research note on Monday. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price target on shares of JD Sports Fashion in a report on Thursday, November 20th. Citigroup reduced their price objective on JD Sports Fashion from GBX 87 to GBX 86 and set a “neutral” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of JD Sports Fashion in a research report on Thursday, January 22nd. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 155 price target on shares of JD Sports Fashion in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 110.25.

JD Sports Fashion Trading Up 1.2%

LON JD opened at GBX 83.28 on Tuesday. The company has a market capitalization of £4.31 billion, a PE ratio of 832.80, a PEG ratio of 1.05 and a beta of 1.65. The business has a 50 day moving average of GBX 82.44 and a 200-day moving average of GBX 87.89. 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 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.