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

Shore Capital Group reaffirmed their hold rating on shares of JD Sports Fashion (LON:JD) in a research report released on Monday morning, Marketbeat reports. Shore Capital Group currently has a GBX 75 target price on the stock.

A number of other brokerages also recently weighed in on JD. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 95 target price on shares of JD Sports Fashion in a report on Thursday, September 3rd. Berenberg Bank cut their price target on JD Sports Fashion from GBX 155 to GBX 150 and set a “buy” rating on the stock in a report on Friday, August 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 100 price objective on shares of JD Sports Fashion in a research report on Monday, August 3rd. Citigroup lifted their price objective on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research note on Friday, August 21st. Finally, JPMorgan Chase & Co. dropped their target price on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a research report on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 191.89.

JD Sports Fashion Price Performance

Shares of LON:JD opened at GBX 73.98 on Monday. The firm has a market cap of £3.83 billion, a P/E ratio of 739.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. 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 50-day simple moving average of GBX 86.60 and a 200-day simple moving average of GBX 80.25.

About JD Sports Fashion

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.