JD Sports Fashion (LON:JD) Receives Hold Rating from Shore Capital Group

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reissued by analysts at Shore Capital Group in a report released on Wednesday,Digital Look reports. They presently have a GBX 75 price target on the stock. Shore Capital Group’s price objective would suggest a potential downside of 11.47% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 840 target price on shares of JD Sports Fashion in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 460 price target on shares of JD Sports Fashion in a research report on Thursday, May 7th. UBS Group reaffirmed a “neutral” rating and set a GBX 94 price objective on shares of JD Sports Fashion in a research report on Tuesday, May 5th. Citigroup reduced their target price on shares of JD Sports Fashion from GBX 86 to GBX 83 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 100 target price on shares of JD Sports Fashion in a research note on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, JD Sports Fashion has an average rating of “Hold” and a consensus target price of GBX 233.

JD Sports Fashion Trading Down 0.7%

LON:JD traded down GBX 0.58 during mid-day trading on Wednesday, hitting GBX 84.72. 18,267,426 shares of the company’s stock traded hands, compared to its average volume of 393,791. The company has a market capitalization of £4.39 billion, a price-to-earnings ratio of 847.20, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The firm’s 50 day moving average price is GBX 78.63 and its 200 day moving average price is GBX 78.66. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23.

JD Sports Fashion (LON:JD) last issued its quarterly earnings results on Monday, May 11th. The company reported GBX 8.63 EPS for the quarter. The company had revenue of GBX 1,266.20 billion for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%. As a group, equities research analysts expect that JD Sports Fashion will post 15.037961 earnings per share for the current year.

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.