Peel Hunt Reaffirms Hold Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reissued by analysts at Peel Hunt in a report issued on Friday, London Stock Exchange reports.

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

JD Sports Fashion Stock Down 1.4%

Shares of JD Sports Fashion stock opened at GBX 79.72 on Friday. 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 stock’s 50-day moving average is GBX 85.06 and its 200 day moving average is GBX 80.36. The company has a market capitalization of £4.13 billion, a PE ratio of 797.20, a P/E/G ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. Sell-side 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 purchased 320,000 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were purchased at an average price of GBX 77 per share, for a total transaction of £246,400. 51.91% of the stock is currently owned by company 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. 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.