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Analyst Alter JD Sports Share Price Targets Following Recent Fall

Sam Boughedda trader
Updated 6 Dec 2021

After recently hitting highs of 235.8p, JD Sports Fashion shares have declined, falling as low as 214p in the wake of the emergence of a new coronavirus variant. 

On Friday, analysts at JPMorgan and Credit Suisse altered their price targets…

JD Sports Fashion:

Credit Suisse analyst Simon Irwin increased the price target on JD Sports Fashion to 250p from 244p, maintaining an Outperform rating on the shares.

JPMorgan analyst and head of European luxury and sporting goods equity research Chiara Battistini reduced the price target on JD Sports Fashion to 270p from 1,350p, maintaining an Overweight rating on the shares.

Other London Listed Stocks:

RBC Capital analyst Charles Weston increased the price target on Dechra Pharmaceuticals to 5,300p from 4,400p, maintaining a Sector Perform rating on the shares.

Deutsche Bank analyst James Hubbard increased the price target on Royal Dutch Shell to 2,038p from 1,871p, maintaining a Buy rating on the shares.n

JPMorgan analyst William Ashman increased the price target on Weir Group to 2,160p from 1,920p, maintaining an Overweight rating on the shares.

JPMorgan analyst Andrew Wilson increased the price target on Rotork to 395p from 335p, maintaining an Overweight rating on the shares

Should You Invest in JD Sports Shares?

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Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.