JD Sports Fashion’s (JD) “Hold” Rating Reiterated at Shore Capital

Shore Capital reissued their hold rating on shares of JD Sports Fashion (LON:JD) in a report released on Friday,London Stock Exchange reports.

Other research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 110 ($1.42) price objective on shares of JD Sports Fashion in a research note on Friday, November 22nd. JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.36) price target on the stock. in a research report on Friday, November 22nd. Finally, Citigroup downgraded JD Sports Fashion to a “neutral” rating and dropped their price target for the stock from GBX 150 ($1.94) to GBX 95 ($1.23) in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 118.75 ($1.53).

JD Sports Fashion Stock Performance

Shares of JD stock opened at GBX 75.76 ($0.98) on Friday. The firm has a fifty day moving average of GBX 82.47 and a 200 day moving average of GBX 107.36. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The company has a market cap of £3.92 billion, a P/E ratio of 757.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

Insider Transactions at JD Sports Fashion

In related news, insider Regis Schultz purchased 109,933 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were acquired at an average price of GBX 90 ($1.16) per share, with a total value of £98,939.70 ($127,763.04). 51.91% of the stock is owned by insiders.

JD Sports Fashion Company Profile

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.