Reaffirmed: JD Sports Fashion PLC (LON:JD) Buy Rating Restated at Cantor Fitzgerald; GBX 1200.00 Target in Place


JD Sports Fashion PLC (LON:JD) Rating Reaffirmed

London: In recent note sent to clients and investors on Thursday morning, Cantor Fitzgerald reconfirmed their Buy rating on JD Sports Fashion PLC (LON:JD) shares. They now have a GBX 1200.00 target price on the firm. Cantor Fitzgerald’s target would now indicate a potential upside of 16.90% from the company’s close price.

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 1101 with a -1.89% below today’s (GBX 1020.16) 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.

Approximately 10,951 shares of stock traded hands. JD Sports Fashion PLC (LON:JD) has risen 67.83% since May 13, 2015 and is uptrending. It has outperformed by 69.76% the S&P500.

Reaffirmed: JD Sports Fashion PLC (LON:JD) Buy Rating Restated at Cantor Fitzgerald; GBX 1200.00 Target in Place

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 2.04 billion GBP. The principal activity of the Company is the retail of branded sports fashion wear and outdoor clothing and equipment. It has 23.5 P/E ratio. The Firm operates through the Sports Fashion and outdoor segment.

According to Zacks Investment Research, “, Inc. operates as an online direct sales company in China. The Company, through its Website 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., Inc. is based in Beijing, China.” Get a free copy of the Zacks research report on JD Sports Fashion PLC (JD).