Deutsche Bank Aktiengesellschaft Reiterates “Sell” Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, MarketBeat reports. They presently have a GBX 110 ($1.38) price target on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 17.70% from the stock’s previous close.

JD has been the subject of a number of other research reports. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) price objective for the company. in a research report on Friday. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a research report on Thursday. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 446 ($5.59).

JD Sports Fashion Price Performance

LON JD opened at GBX 93.46 ($1.17) on Friday. 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 £4.84 billion, a PE ratio of 934.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company’s fifty day moving average price is GBX 134 and its two-hundred day moving average price is GBX 128.34.

Insider Transactions at JD Sports Fashion

In other news, insider Andy Long bought 31,064 shares of the stock in a transaction dated Thursday, November 21st. The stock was purchased at an average price of GBX 96 ($1.20) per share, for a total transaction of £29,821.44 ($37,384.28). Insiders own 51.91% of the company’s stock.

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.