JD Sports Fashion (LON:JD) Stock Bumped Down to “Hold” by Shore Capital Group

Shore Capital Group lowered shares of JD Sports Fashion (LON:JD) to a hold rating in a report released on Friday, MarketBeat.com reports. They currently have GBX 75 price objective on the stock, down from their prior price objective of GBX 81.

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

JD Sports Fashion Trading Down 1.4%

LON:JD opened at GBX 79.72 on Friday. The firm has a market cap of £4.13 billion, a price-to-earnings ratio of 797.20, a PEG ratio of 1.05 and a beta of 1.65. 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 50-day moving average price of GBX 85.06 and a two-hundred day moving average price of GBX 80.36.

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

Insider Activity at JD Sports Fashion

In related news, insider Peter Agnefjäl purchased 320,000 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were acquired at an average price of GBX 77 per share, with a total value of £246,400. 51.91% of the stock is owned by company 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. 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.