Today Investec Sticks With a Buy Rating on JD Sports Fashion (LON:JD) and a GBX 1100 Target Price

Share

JD Sports Fashion (LON:JD) Rating Reaffirmed

JD Sports Fashion (LON:JD) just had their share rating of a ‘Buy’ issued by research analysts at Investec, who now has a GBX 1100 TP on the 2.01 billion GBP market cap company or a 6.18% upside potential. This key information was revealed to clients and investors in a comprehensive report on Friday morning.

From a total of 5 analysts covering JD Sports Fashion PLC (LON:JD) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is GBX 1100 while the lowest target price is GBX 750. The mean of all analyst targets is GBX 969 with a -8.61% below today’s (GBX 1034.96) stock price. JD Sports Fashion PLC was the topic of 11 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on November 27 with “Buy” rating. Cantor Fitzgerald maintained shares with “Buy” rating and GBX 980 target share price in a report from a September 16. Investec maintained JD stock in a recent report from September 16 with “Buy” rating. N+1 Singer maintained the rating on August 6. N+1 Singer has a “Hold” rating and a GBX 835 price target on shares. Finally, Panmure Gordon maintained the stock with “Buy” rating in a report issued on a September 16.

Approximately 81,549 shares of stock traded hands. JD Sports Fashion PLC (LON:JD) has risen 68.84% since May 7, 2015 and is uptrending. It has outperformed by 71.63% the S&P500.

Today Investec Sticks With a Buy Rating on JD Sports Fashion (LON:JD) and a GBX 1100 Target Price

JD Sports Fashion Plc is a United Kingdom is a multichannel retailer of sports fashion and outdoor brands in the United Kingdom and Europe. The company has a market cap of 2.01 billion GBP. The principal activity of the Company is the retail of branded sports fashion wear and outdoor clothing and equipment. It has 23.84 P/E ratio. The Firm operates through the Sports Fashion and outdoor segment.

According to Zacks Investment Research, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com and mobile applications offers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China.” Get a free copy of the Zacks research report on JD Sports Fashion PLC (JD).

COMMENTS: