Peel Hunt Reaffirms Buy Rating for JD Sports Fashion PLC (JD)

Peel Hunt restated their buy rating on shares of JD Sports Fashion PLC (LON:JD) in a research note released on Tuesday morning. Peel Hunt currently has a GBX 500 ($6.46) price objective on the stock.

Several other research firms have also weighed in on JD. Shore Capital reiterated a buy rating on shares of JD Sports Fashion PLC in a research note on Wednesday, May 24th. Barclays PLC reiterated an overweight rating and issued a GBX 475 ($6.13) price objective on shares of JD Sports Fashion PLC in a research note on Monday, June 19th. Finally, Investec reiterated a buy rating and issued a GBX 455 ($5.88) price objective on shares of JD Sports Fashion PLC in a research note on Thursday, June 29th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus price target of GBX 476.67 ($6.16).

Shares of JD Sports Fashion PLC (LON:JD) opened at 379.70 on Tuesday. The company’s market cap is GBX 3.70 billion. The company has a 50 day moving average price of GBX 346.06 and a 200 day moving average price of GBX 388.85. JD Sports Fashion PLC has a one year low of GBX 279.00 and a one year high of GBX 462.00.

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In related news, insider Brian Small acquired 10,000 shares of the stock in a transaction dated Friday, June 30th. The shares were bought at an average cost of GBX 361 ($4.66) per share, for a total transaction of £36,100 ($46,622.76). Also, insider Peter Alan Cowgill acquired 30,000 shares of the stock in a transaction dated Wednesday, July 5th. The stock was bought at an average price of GBX 352 ($4.55) per share, for a total transaction of £105,600 ($136,381.25).

JD Sports Fashion PLC Company Profile

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 PLC (LON:JD)

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