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JD Sports Fashion (LON:JD) Rating Reiterated by Shore Capital

JD Sports Fashion logo with Consumer Cyclical background

JD Sports Fashion (LON:JD - Get Free Report)'s stock had its "hold" rating reissued by Shore Capital in a research note issued to investors on Friday, LSE.Co.UK reports.

Several other research analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating and issued a GBX 110 ($1.47) target price on shares of JD Sports Fashion in a research report on Friday, August 23rd. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 172 ($2.30) price objective on shares of JD Sports Fashion in a report on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, JD Sports Fashion presently has a consensus rating of "Moderate Buy" and an average target price of GBX 459.40 ($6.14).

Read Our Latest Report on JD

JD Sports Fashion Price Performance

LON:JD traded up GBX 2.10 ($0.03) during trading hours on Friday, reaching GBX 142.45 ($1.91). 10,987,670 shares of the company were exchanged, compared to its average volume of 393,791. The stock has a market cap of £7.38 billion, a price-to-earnings ratio of 1,424.50, a price-to-earnings-growth ratio of 0.90 and a beta of 1.65. The company's 50-day moving average is GBX 137.35 and its 200 day moving average is GBX 126.64. The company has a current ratio of 1.52, a quick ratio of 0.71 and a debt-to-equity ratio of 91.11.

Insider Activity

In related news, insider Darren M. Shapland bought 40,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was bought at an average cost of GBX 111 ($1.48) per share, with a total value of £44,400 ($59,390.05). Company insiders own 51.91% of the company's stock.

JD Sports Fashion Company Profile

(Get Free Report)

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.

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