JD Sports Fashion's (JD) "Hold" Rating Reiterated at Shore Capital

Shore Capital restated their hold rating on shares of JD Sports Fashion (LON:JD - Free Report) in a research report sent to investors on Friday,London Stock Exchange reports.

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

JD Sports Fashion Stock Down 5.1 %

Shares of JD traded down GBX 4.06 ($0.05) during trading hours on Friday, reaching GBX 75.76 ($0.98). 28,240,392 shares of the company traded hands, compared to its average volume of 393,791. The firm has a 50 day moving average price of GBX 82.05 and a two-hundred day moving average price of GBX 106.95. 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 stock has a market cap of £3.92 billion, a P/E ratio of 757.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

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Insiders Place Their Bets

In related news, insider Regis Schultz purchased 109,933 shares of JD Sports Fashion stock in a transaction on Tuesday, January 14th. The stock was acquired at an average price of GBX 90 ($1.16) per share, for a total transaction of £98,939.70 ($127,845.59). Insiders own 51.91% of the company's stock.

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.