JD Sports Fashion (LON:JD) Earns “Hold” Rating from Shore Capital

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

A number of other research firms also recently weighed in on JD. JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.36) target price for the company. in a research report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.42) target price on shares of JD Sports Fashion in a research report on Friday, November 22nd. Finally, Citigroup downgraded JD Sports Fashion to a “neutral” rating and dropped their target price for the stock from GBX 150 ($1.94) to GBX 95 ($1.23) in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 118.75 ($1.53).

JD Sports Fashion Stock Down 5.1 %

JD stock opened at GBX 75.76 ($0.98) on Friday. The company has a market capitalization of £3.92 billion, a P/E ratio of 757.60, a P/E/G ratio of 1.05 and a beta of 1.65. 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 business’s fifty day moving average price is GBX 82.47 and its two-hundred day moving average price is GBX 107.36.

Insider Activity at JD Sports Fashion

In other JD Sports Fashion news, insider Regis Schultz bought 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, with a total value of £98,939.70 ($127,763.04). 51.91% of the stock is currently owned by corporate 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.