Peel Hunt Reiterates “Buy” Rating for JD Sports Fashion (JD)

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research report issued to clients and investors on Monday, March 26th. They presently have a GBX 500 ($7.16) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 34.66% from the company’s current price.

Several other research firms have also recently issued reports on JD. Barclays reaffirmed an “overweight” rating and set a GBX 505 ($7.23) price target on shares of JD Sports Fashion in a research note on Wednesday, January 17th. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research note on Thursday, February 1st. Five equities research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of GBX 458.25 ($6.56).

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Shares of LON:JD traded up GBX 18.40 ($0.26) on Monday, reaching GBX 371.30 ($5.32). 3,654,591 shares of the company were exchanged, compared to its average volume of 1,330,000. JD Sports Fashion has a 1-year low of GBX 300.20 ($4.30) and a 1-year high of GBX 462 ($6.62).

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About JD Sports Fashion

JD Sports Fashion Plc is a multichannel retailer of sports fashion and outdoor brands. The Company’s segments are Sports Fashion and Outdoor. The Company’s sports fashion brands include JD, Size?, Chausport, Sprinter, Getthelabel.com, Kooga, Kukri Sports, Source Lab, Scotts, Tessuti, Cloggs, JD Gyms and Nicholas Deakins.

Analyst Recommendations for JD Sports Fashion (LON:JD)

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