Rating Watching: Peel Hunt Reiterated JD Sports Fashion PLC (LON:JD) As Buy; Has Target Of GBX 1650.00

November 28, 2016 - By Ellis Scott

JD Sports Fashion PLC (LON:JD) Rating

In a research note sent to clients and investors on today, Peel Hunt restate their Buy rating on JD Sports Fashion PLC (LON:JD)‘s stock. The TP gives a potential upside of 420.18% from firm’s last stock close.

JD Sports Fashion PLC (LON:JD) Ratings Coverage

Out of 8 analysts covering JD Sports Fashion PLC (LON:JD), 6 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 75% are positive. GBX 1700 is the highest target while GBX 340 is the lowest. The GBX 855 average target is 158.52% above today’s (GBX 330.73) stock price. JD Sports Fashion PLC has been the topic of 42 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of JD Sports Fashion PLC (LON:JD) has “Buy” rating given on Thursday, January 14 by Cantor Fitzgerald. The rating was maintained by Investec with “Buy” on Friday, March 4. The firm has “Buy” rating by Beaufort Securities given on Friday, April 15. As per Friday, December 4, the company rating was maintained by Investec. The company was maintained on Wednesday, April 13 by Peel Hunt. The firm earned “Buy” rating on Wednesday, April 27 by Peel Hunt. Cantor Fitzgerald maintained JD Sports Fashion PLC (LON:JD) on Thursday, December 10 with “Buy” rating. The firm has “Hold” rating given on Wednesday, September 16 by N+1 Singer. The firm has “Buy” rating given on Monday, January 11 by Cantor Fitzgerald. As per Wednesday, September 16, the company rating was maintained by Cantor Fitzgerald.

About 268,734 shares traded hands or 16.34% up from the average. JD Sports Fashion PLC (LON:JD) has risen 27.86% since April 29, 2016 and is uptrending. It has outperformed by 21.85% the S&P500.

Analysts await JD.Com Inc(ADR) (NASDAQ:JD) to report earnings on March, 7. They expect $-0.06 earnings per share, up 93.02% or $0.80 from last year’s $-0.86 per share. After $-0.10 actual earnings per share reported by JD.Com Inc(ADR) for the previous quarter, Wall Street now forecasts -40.00% EPS growth.

JD Sports Fashion Plc is a multichannel retailer of sports fashion and outdoor brands. The company has a market cap of 643.75 million GBP. The Company’s divisions are Sports Fashion and Outdoor. It has a 5.3 P/E ratio. 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.

According to Zacks Investment Research, “JD.com, Inc. operates as an online direct sales company in China. The Company, through its Website www.jd.com 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. JD.com, Inc. is based in Beijing, China.”

JD Company Profile

JD.com, Inc., incorporated in January 2014, is an online direct sales company. The Firm engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It also offers an online marketplace that enables third-party sellers to sell their products to clients on the Company’s Website. The Firm operates through the provision of a single class of services for accelerating and improving the delivery of its products over the Internet. The Firm also offers online and in-person payment options and customer services. The Firm operates approximately 210 warehouses with an aggregate gross floor area of approximately four million square meters in over 50 cities.

More important recent JD Sports Fashion PLC (LON:JD) news were published by: Fool.Co.Uk which released: “Are JD Sports Fashion plc, John Wood Group plc and UBM plc ‘screaming buys …” on June 17, 2016, also Bloomberg.com published article titled: “JD Sports Leaves Ashley Trailing With ‘Astonishing’ Growth”, Fool.Co.Uk published: “Should you stick with MASSIVE gainers JD Sports Fashion plc, Domino’s Pizza …” on June 13, 2016. More interesting news about JD Sports Fashion PLC (LON:JD) was released by: Fool.Co.Uk and their article: “Will JD Sports Fashion PLC (+91%), Supergroup PLC (+80%) & Ted Baker plc (+56 …” with publication date: November 24, 2015.

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