Shore Capital Reiterates “Buy” Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research report issued to clients and investors on Tuesday, Marketbeat.com reports.

Several other equities analysts also recently commented on the stock. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.29) price target for the company. in a research note on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 110 ($1.35) price target on shares of JD Sports Fashion in a research report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.46).

JD Sports Fashion Price Performance

Shares of JD Sports Fashion stock opened at GBX 90.18 ($1.10) on Tuesday. The stock has a market cap of £4.67 billion, a PE ratio of 901.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The firm’s 50 day moving average price is GBX 103.46 and its 200-day moving average price is GBX 121.78.

Insider Activity at JD Sports Fashion

In related news, insider Andy Long acquired 31,064 shares of JD Sports Fashion stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average price of GBX 96 ($1.18) per share, for a total transaction of £29,821.44 ($36,501.15). Also, insider Regis Schultz bought 109,933 shares of the stock in a transaction on Tuesday, January 14th. The shares were bought at an average price of GBX 90 ($1.10) per share, for a total transaction of £98,939.70 ($121,101.22). 51.91% of the stock is currently owned by insiders.

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.