JD Sports Fashion (LON:JD) Stock Keeps “Hold” Rating at Shore Capital Group

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reaffirmed by equities researchers at Shore Capital Group in a research note issued on Wednesday, September 30th, Digital Look reports. They currently have a GBX 75 target price on the stock. Shore Capital Group’s price target suggests a potential downside of 10.74% from the company’s previous close.

Several other equities analysts also recently issued reports on JD. 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 target price on shares of JD Sports Fashion in a research note on Thursday, September 24th. Citigroup raised their target price on JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. cut their price target on JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating for the company in a report on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 95 price target on shares of JD Sports Fashion in a research report on Thursday, September 3rd. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 191.89.

JD Sports Fashion Stock Up 0.6%

LON:JD traded up GBX 0.52 on Wednesday, reaching GBX 84.02. The stock had a trading volume of 6,578,207 shares, compared to its average volume of 393,791. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The firm has a market cap of £4.35 billion, a P/E ratio of 840.20, a P/E/G ratio of 1.05 and a beta of 1.65. The stock’s fifty day simple moving average is GBX 84.10 and its two-hundred day simple moving average is GBX 80.70.

JD Sports Fashion (LON:JD) last posted its 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%. Sell-side analysts predict that JD Sports Fashion will post 15.037961 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Peter Agnefjäl bought 320,000 shares of the business’s stock in a transaction 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.