JD Sports Fashion Plc (LON:JD) Given Consensus Rating of “Hold” by Analysts

JD Sports Fashion Plc (LON:JD) has been assigned an average rating of “Hold” from the six brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 280 ($3.44).

Several research analysts have recently commented on JD shares. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research note on Tuesday, January 14th. JPMorgan Chase & Co. cut shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.29) target price on the stock. in a research report on Friday, November 22nd. Citigroup lowered shares of JD Sports Fashion to a “neutral” rating and lowered their target price for the stock from GBX 150 ($1.84) to GBX 95 ($1.17) in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 110 ($1.35) target price on shares of JD Sports Fashion in a research report on Friday, November 22nd.

JD Sports Fashion Stock Up 2.2 %

LON:JD opened at GBX 89.12 ($1.09) on Monday. 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’s 50 day moving average price is GBX 95.23 and its 200 day moving average price is GBX 119.06. The stock has a market capitalization of £4.62 billion, a PE ratio of 891.20, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

Insider Activity

In other news, insider Regis Schultz acquired 109,933 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was acquired at an average cost of GBX 90 ($1.11) per share, with a total value of £98,939.70 ($121,562.48). Also, insider Andy Long acquired 31,064 shares of JD Sports Fashion stock in a transaction dated Thursday, November 21st. The stock was bought at an average price of GBX 96 ($1.18) per share, for a total transaction of £29,821.44 ($36,640.18). Company 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.