JD Sports Fashion PLC (LON:JD) Receives a Downgrade
JD Sports Fashion PLC (LON:JD)’s rating has just been lowered by research analysts at Peel Hunt to a Add. They now have a target price of GBX 1150.00 on JD. This target price would indicate a possible upside of 7.18% from the close price of the stock.
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 1200 while the lowest target price is GBX 1000. The mean of all analyst targets is GBX 1091 with a -6.73% below today’s (GBX 1073) stock price. JD Sports Fashion PLC was the topic of 14 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Peel Hunt downgraded shares on December 8 to “Add” rating. Panmure Gordon maintained shares with “Buy” rating and GBX 995 target share price in a report from a September 16. Cantor Fitzgerald maintained JD stock in a recent report from December 4 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, N+1 Singer maintained the stock with “Hold” rating in a report issued on a September 16.
The stock closed the day at GBX 1073 during the previous session. It is down 73.34% since May 11, 2015 and is uptrending. It has outperformed by 73.94% the S&P500.
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 2.05 billion GBP. The principal activity of the Company is the retail of branded sports fashion wear and outdoor clothing and equipment. It has 24.71 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).