JD Sports Fashion (LON:JD – Get Rating)‘s stock had its “hold” rating reiterated by investment analysts at Shore Capital in a research report issued on Wednesday, LSE.Co.UK reports.
A number of other analysts also recently commented on JD. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of JD Sports Fashion from GBX 735 ($8.46) to GBX 630 ($7.25) and set a “buy” rating on the stock in a report on Thursday, October 27th. Berenberg Bank decreased their price objective on shares of JD Sports Fashion from GBX 200 ($2.30) to GBX 180 ($2.07) and set a “buy” rating on the stock in a report on Tuesday, September 6th. JPMorgan Chase & Co. reduced their price target on shares of JD Sports Fashion from GBX 210 ($2.42) to GBX 180 ($2.07) and set an “overweight” rating on the stock in a report on Tuesday, July 26th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 190 ($2.19) price target on shares of JD Sports Fashion in a report on Monday, September 26th. Finally, Barclays reduced their price target on shares of JD Sports Fashion from GBX 185 ($2.13) to GBX 175 ($2.01) and set an “overweight” rating on the stock in a report on Monday, September 26th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 354.38 ($4.08).
JD Sports Fashion Trading Up 8.3%
JD stock opened at GBX 116.35 ($1.34) on Wednesday. The stock has a market capitalization of £6.00 billion and a P/E ratio of 1,939.17. The business’s 50 day moving average is GBX 108.08 and its 200-day moving average is GBX 118.25. The company has a current ratio of 1.50, a quick ratio of 0.71 and a debt-to-equity ratio of 91.09.
Insider Activity
In other news, insider Andy Long acquired 25,000 shares of the business’s stock in a transaction dated Friday, October 14th. The stock was acquired at an average price of GBX 97 ($1.12) per share, with a total value of £24,250 ($27,921.70).
JD Sports Fashion Company Profile
(Get Rating)
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, watches, jewelery, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.
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