JD Sports Fashion stock price

Item Picture

Trade recommendations from company analysts can provide insight into what experts think the future holds. Their ‘buy’, ‘hold’ and ‘sell’ ratings reflect their views on the likely future performance of the stocks they are covering – and how stock prices will move accordingly.

For investors, these types of “smart money” signals can be a useful consideration when deciding whether to buy or sell a stock…

Take JD Sports Mode (LON:JD.) for example. Shares in the company have risen 3.89% over the past month and are currently trading at 121.5 pence. But what do the analysts who cover the company think?

Based on the “consensus” of brokers, there may be reason to believe that the recent positive trend will continue. In terms of business recommendations, JD Sports Fashion currently has:

  • 3 To buy recommendations
  • 1 Hold recommendations
  • 0 Sale recommendations

This suggests that analysts are generally optimistic on the outlook.

At its current price of 121.5p, shares of JD Sports Fashion are trading at a -48.5% discount to its 52-week high. The 1-year performance of the share was -34.1%.

Get insights based on data in LON:JD.

While analyst forecasts can be a useful guide to what City ‘experts’ think of a stock’s short-term future, they can be unreliable. To get a better idea of ​​JD Sports Fashion’s strengths and weaknesses, it’s worth doing some research for yourself. Indeed, we have identified a few areas of concern with JD Sports Fashion which you can find out here.

About Us

Stockopedia helps individual investors make confident and profitable choices in the stock market. Our StockRank and Factor Investing Toolkit offers institutional-grade insights on thousands of global stocks. Voted ‘Best Investment Research Tools’ and ‘Best Research Service’ in the 2021 UK Investor Magazine Awards.


Comments are closed.