The Peel Hunt Reaffirmed “Buy” Rating for JD Sports Fashion PLC (JD)

The Peel Hunt Reaffirmed “Buy” Rating for JD Sports Fashion PLC (JD)

JD Sports Fashion PLC (LON:JD)‘s stock had its “buy” rating reissued by Peel Hunt in a report issued on Monday. They presently have a GBX 1,650 ($20.61) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 415.63% from the company’s previous close.

A number of other brokerages have also recently issued reports on JD. Beaufort Securities restated a “buy” rating on shares of JD Sports Fashion PLC in a report on Wednesday, September 14th. Numis Securities Ltd reaffirmed a “reduce” rating and issued a GBX 745 ($9.31) price target on shares of JD Sports Fashion PLC in a research note on Tuesday, September 13th. Finally, Investec lifted their price target on shares of JD Sports Fashion PLC from GBX 1,500 ($18.74) to GBX 1,600 ($19.99) and gave the company a “buy” rating in a research note on Tuesday, September 13th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,021.25 ($12.76).

JD Sports Fashion PLC (LON:JD) opened at 329.16 on Monday. The company has a 50-day moving average of GBX 1,558.70 and a 200-day moving average of GBX 1,357.28. The firm’s market capitalization is GBX 640.70 million. JD Sports Fashion PLC has a 1-year low of GBX 312.60 and a 1-year high of GBX 1,627.40.

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