JD Sports Fashion (LON:JD) Receives “Hold” Rating from Shore Capital

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a report released on Friday,London Stock Exchange reports.

Several other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. lowered shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.36) target price for the company. in a report on Friday, November 22nd. Citigroup cut shares of JD Sports Fashion to a “neutral” rating and reduced their price objective for the stock from GBX 150 ($1.95) to GBX 95 ($1.23) in a research note on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.43) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 118.75 ($1.54).

JD Sports Fashion Price Performance

Shares of JD traded up GBX 0.30 ($0.00) on Friday, reaching GBX 79.82 ($1.04). The company’s stock had a trading volume of 9,548,937 shares, compared to its average volume of 393,791. The company’s 50-day moving average price is GBX 82.87 and its 200 day moving average price is GBX 108.14. 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 has a market capitalization of £4.13 billion, a PE ratio of 798.20, a P/E/G ratio of 1.05 and a beta of 1.65.

Insider Activity

In other news, insider Regis Schultz acquired 109,933 shares of JD Sports Fashion stock in a transaction on Tuesday, January 14th. The shares were acquired at an average price of GBX 90 ($1.17) per share, with a total value of £98,939.70 ($128,293.18). Company 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.