JD Sports Fashion (LON:JD) Stock Rating Reaffirmed as Hold by Shore Capital Group

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reissued by Shore Capital Group in a research report issued on Wednesday, Digital Look reports. They presently have a GBX 75 target price on the stock. Shore Capital Group’s price target would suggest a potential downside of 7.25% from the stock’s previous close.

Several other analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 95 price objective on shares of JD Sports Fashion in a report on Thursday, September 3rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 150 target price on shares of JD Sports Fashion in a report on Thursday, September 24th. Citigroup lifted their target price on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a “neutral” rating in a research report on Friday, August 21st. JPMorgan Chase & Co. cut their price target on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a report on Friday, August 21st. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 100 price target on shares of JD Sports Fashion in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, JD Sports Fashion has an average rating of “Hold” and an average target price of GBX 191.89.

JD Sports Fashion Stock Down 0.5%

Shares of LON JD opened at GBX 80.86 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The firm has a market cap of £4.19 billion, a PE ratio of 808.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The stock has a 50-day moving average of GBX 85.16 and a two-hundred day moving average of GBX 80.36.

JD Sports Fashion (LON:JD) last announced its earnings results on Wednesday, September 23rd. The company reported GBX 3.97 EPS for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%. As a group, analysts anticipate that JD Sports Fashion will post 15.037961 earnings per share for the current year.

Insider Buying and Selling

In other JD Sports Fashion news, insider Peter Agnefjäl acquired 320,000 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The shares were purchased at an average price of GBX 77 per share, with a total value of £246,400. Corporate 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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.