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

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reaffirmed by analysts at Shore Capital in a report released on Friday, LSE.Co.UK reports.

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

JD Sports Fashion Price Performance

Shares of LON JD opened at GBX 138.65 ($1.85) on Friday. The firm has a 50-day simple moving average of GBX 137.82 and a 200 day simple moving average of GBX 126.96. The company has a current ratio of 1.52, a quick ratio of 0.71 and a debt-to-equity ratio of 91.11. The company has a market cap of £7.18 billion, a price-to-earnings ratio of 1,386.50, a PEG ratio of 0.90 and a beta of 1.65.

Insider Activity

In other JD Sports Fashion news, insider Darren M. Shapland purchased 40,000 shares of the firm’s stock in a transaction on Tuesday, July 9th. The stock was purchased at an average cost of GBX 111 ($1.48) per share, for a total transaction of £44,400 ($59,390.05). Insiders own 51.91% of the company’s stock.

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.