JD Sports downgrades FY profit forecast
14th Jan 2025 07:36
(Sharecast News) - JD Sports Fashion downgraded its full-year profit forecast on Tuesday as it posted a drop in revenue for November and December in challenging markets.
Read moreLondon close: Stocks finish lower after slew of weaker data
7th Jan 2025 15:42
(Sharecast News) - London stocks ended lower on Tuesday, weighed down by weaker economic data and broader market uncertainty.
Read moreBofA ML reinstates JD Sports at 'buy', cites compelling valuation
7th Jan 2025 15:11
(Sharecast News) - Bank of America Merrill Lynch reinstated coverage of JD Sports on Tuesday with a 'buy' rating and 165p price target, citing a "compelling" valuation and upside of around 70%.
Read moreBerenberg names JD Sports and Curry's among top consumer stock picks
29th Nov 2024 09:36
(Sharecast News) - Berenberg has said it has a positive stance UK consumer stocks heading into 2025 due to depressed valuations and improving macro trends, naming JD Sports, Curry's and Dunelm among the best picks in the sector.
Read moreJD Sports slowdown provides buying opportunity for investors, says Shore Capital
28th Nov 2024 14:40
(Sharecast News) - JD Sports Fashion's share price took a dive last week after a gloomy third-quarter update, but analysts at Shore Capital reckon it's a good opportunity for investors to "get a foot in the door".
Read moreLondon close: Stocks finish upbeat session in the green
25th Nov 2024 15:57
(Sharecast News) - London markets closed higher on Monday as investors reacted positively to geopolitical developments, including US president-elect Donald Trump's announcement of Scott Bessent as the next Treasury Secretary.
Read moreLondon close: Stocks finish week on positive note
22nd Nov 2024 16:06
(Sharecast News) - London's equity markets ended the week on a high note, as investors digested an improvement in UK consumer confidence, even as other indicators such as business output and retail sales painted a more challenging picture.
Read moreJPMorgan Cazenove downgrades JD Sports, slashes price target
22nd Nov 2024 07:56
(Sharecast News) - JPMorgan Cazenove downgraded its stance on shares of JD Sports on Friday to 'neutral' from 'overweight' following results a day earlier.
Read moreLondon close: Stocks rise after UK borrowing data, Nvidia results
21st Nov 2024 16:00
(Sharecast News) - London stocks ended Thursday on a positive note, as markets rebounded following quarterly results from US tech giant Nvidia and investor response to the latest UK government borrowing figures.
Read moreShore Capital stays positive on JD Sports despite profit warning
21st Nov 2024 14:49
(Sharecast News) - Shares in JD Sports Fashion tumbled on Thursday after the sportswear retailer disappointed with its profit guidance, but it wasn't enough to change Shore Capital's 'buy' rating on the stock with the broker citing an undemanding valuation.
Read moreJD Sports Fashion sees profit at lower end of range after 'volatile' October
21st Nov 2024 07:01
(Sharecast News) - Shares in JD Sports Fashion slumped by 15% on Thursday as the retailer warned full-year profits would be at the lower end of forecasts after a "volatile" trading environment in October due to discounting, milder weather and consumer caution ahead of the US election.
Read moreRBC stays positive about JD Sports on improving global footprint
14th Oct 2024 09:15
(Sharecast News) - JD Sports Fashion's share price has fallen sharply in the wake of the retailer's interim results two weeks ago, but RBC Capital Markets has reiterated its 'outperform' rating, saying that the stock's valuation still remains "undemanding".
Read moreJD Sports Fashion holds guidance after profits beat consensus
2nd Oct 2024 07:03
(Sharecast News) - Shares in JD Sports Fashion fell on Wednesday on the back of a sharp fall in sales at Nike - its major partner - despite a better-than-expected 2% rise in half-year profit and guidance hold amid a "challenging and volatile market".
Read moreLondon close: Stocks mixed on manufacturing data, Middle East tensions
1st Oct 2024 16:58
(Sharecast News) - London markets ended Tuesday with mixed results, as investors reacted to manufacturing data from both sides of the Atlantic, as well as Middle East developments.
Read moreWednesday preview: Investors await outlook statement from JD Sports
1st Oct 2024 09:26
(Sharecast News) - JD Sports Fashion will be in the spotlight on Wednesday as the sports apparel retailer reports its results for the six months to 3 August.
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