JD Sports Fashion (LON:JD) Receives Buy Rating from Shore Capital

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports.

Separately, Jefferies Financial Group upped their price target on shares of JD Sports Fashion from GBX 900 ($11.37) to GBX 925 ($11.69) and gave the stock a “buy” rating in a research report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, JD Sports Fashion has a consensus rating of “Moderate Buy” and an average price target of GBX 511.25 ($6.46).

JD Sports Fashion Stock Performance

LON:JD traded up GBX 2.10 ($0.03) during trading hours on Thursday, reaching GBX 116.30 ($1.47). The company’s stock had a trading volume of 7,954,893 shares, compared to its average volume of 393,791. The firm has a 50 day simple moving average of GBX 113.17 and a 200 day simple moving average of GBX 133.04. The stock has a market cap of £6.02 billion, a P/E ratio of 2,907.50, a P/E/G ratio of 0.84 and a beta of 1.56. The company has a quick ratio of 0.71, a current ratio of 1.36 and a debt-to-equity ratio of 95.32.

Insiders Place Their Bets

In other news, insider Andy Higginson acquired 45,487 shares of JD Sports Fashion stock in a transaction that occurred on Thursday, January 18th. The shares were acquired at an average price of GBX 109 ($1.38) per share, with a total value of £49,580.83 ($62,657.44). 51.91% of the stock is currently 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.