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

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

A number of other equities 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 on the stock. in a research report on Friday, November 22nd. Citigroup lowered JD Sports Fashion to a “neutral” rating and dropped their price target for the stock from GBX 150 ($1.94) to GBX 95 ($1.23) in a research report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.42) 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, three have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 118.75 ($1.53).

JD Sports Fashion Price Performance

LON JD opened at GBX 75.76 ($0.98) on Friday. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The stock’s 50 day simple moving average is GBX 82.47 and its 200-day simple moving average is GBX 107.54.

Insider Buying and Selling

In related news, insider Regis Schultz purchased 109,933 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was purchased at an average cost of GBX 90 ($1.16) per share, for a total transaction of £98,939.70 ($127,746.55). 51.91% of the stock is owned by corporate insiders.

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.