JD Sports Fashion (LON:JD) Cut to Neutral at JPMorgan Chase & Co.

JD Sports Fashion (LON:JD) was downgraded by stock analysts at JPMorgan Chase & Co. to a “neutral” rating in a research report issued on Friday,Digital Look reports. They presently have a GBX 105 ($1.32) target price on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 10.02% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.38) price objective on shares of JD Sports Fashion in a report on Friday, August 23rd. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a research note on Thursday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 446 ($5.62).

JD Sports Fashion Stock Performance

LON JD opened at GBX 95.44 ($1.20) on Friday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The company has a market capitalization of £4.94 billion, a PE ratio of 954.40, a PEG ratio of 1.05 and a beta of 1.65. The company has a fifty day moving average of GBX 135.53 and a 200-day moving average of GBX 128.58.

About JD Sports Fashion

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.