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

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating restated by research analysts at Shore Capital in a note issued to investors on Wednesday, LSE.Co.UK reports.

JD has been the subject of a number of other reports. Citigroup reiterated a “buy” rating and issued a GBX 925 ($11.62) price objective on shares of JD Sports Fashion in a report on Tuesday, April 23rd. Jefferies Financial Group increased their price objective on JD Sports Fashion from GBX 900 ($11.31) to GBX 925 ($11.62) and gave the company a “buy” rating in a report on Tuesday, February 20th. Finally, Barclays increased their price target on JD Sports Fashion from GBX 150 ($1.88) to GBX 165 ($2.07) and gave the company an “overweight” rating in a report on Wednesday, April 3rd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 487 ($6.12).

JD Sports Fashion Stock Up 2.7 %

LON:JD traded up GBX 3.15 ($0.04) during mid-day trading on Wednesday, reaching GBX 118.85 ($1.49). The stock had a trading volume of 9,200,116 shares, compared to its average volume of 393,791. The company has a debt-to-equity ratio of 95.32, a current ratio of 1.36 and a quick ratio of 0.71. The stock has a market cap of £6.16 billion, a P/E ratio of 2,971.25, a PEG ratio of 0.94 and a beta of 1.56. The business’s 50 day moving average is GBX 118.93 and its 200 day moving average is GBX 129.28. JD Sports Fashion has a fifty-two week low of GBX 103 ($1.29) and a fifty-two week high of GBX 178.10 ($2.24).

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.