JD Sports Fashion collapses in London on Deutsche Bank downgrade

JD Sports Fashion collapses in London on Deutsche Bank downgrade

(Telestock) – JD Sports FashionBritish sportswear retailer , is the worst performer in the FTSE 100 today, after Deutsche Bank he cut the recommendation on the title to “Sell” from “Hold” with target price lowered to 110p from the previous 115p.

Downhill JD Sports FashionThat stands at 1,203 poundswith a 4.15% drop. Expected for the rest of the session an extension of the bearish phase with support area seen at 1.188 and then at 1.174. Resistance at 1.225.

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