JD Sports Fashion (LON:JD) Earns “Hold” Rating from Shore Capital

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reiterated by analysts at Shore Capital in a research note issued on Friday,London Stock Exchange reports.

A number of other research analysts have also commented on JD. JPMorgan Chase & Co. lowered JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.36) price target for the company. in a report on Friday, November 22nd. Citigroup cut JD Sports Fashion to a “neutral” rating and lowered their price objective for the company from GBX 150 ($1.94) to GBX 95 ($1.23) in a research report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.42) price objective on shares of JD Sports Fashion in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 118.75 ($1.53).

JD Sports Fashion Stock Performance

JD opened at GBX 75.76 ($0.98) on Friday. The stock has a fifty day moving average of GBX 82.47 and a 200 day moving average of GBX 107.54. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The firm has a market cap of £3.92 billion, a price-to-earnings ratio of 757.60, a P/E/G ratio of 1.05 and a beta of 1.65.

Insider Transactions at JD Sports Fashion

In other news, insider Regis Schultz purchased 109,933 shares of the business’s stock in a transaction dated 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 ($127,746.55). Company 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.