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

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating restated by equities researchers at Shore Capital Group in a note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 75 price objective on the stock. Shore Capital Group’s price objective would suggest a potential downside of 11.47% from the company’s current price.

A number of other equities analysts have also recently issued reports on JD. Citigroup dropped their target price on JD Sports Fashion from GBX 86 to GBX 83 and set a “neutral” rating for the company in a report on Wednesday, May 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 price target on shares of JD Sports Fashion in a research note on Wednesday, May 6th. UBS Group reiterated a “neutral” rating and issued a GBX 94 price target on shares of JD Sports Fashion in a research report on Tuesday, May 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 155 price objective on shares of JD Sports Fashion in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 100 price objective on shares of JD Sports Fashion in a report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of GBX 233.

JD Sports Fashion Trading Down 0.7%

LON:JD traded down GBX 0.58 during mid-day trading on Wednesday, hitting GBX 84.72. The company’s stock had a trading volume of 18,267,426 shares, compared to its average volume of 393,791. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The firm has a market cap of £4.39 billion, a P/E ratio of 847.20, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a fifty day simple moving average of GBX 78.63 and a two-hundred day simple moving average of GBX 78.66.

JD Sports Fashion (LON:JD) last announced its quarterly earnings results on Monday, May 11th. The company reported GBX 8.63 EPS for the quarter. The firm had revenue of GBX 1,266.20 billion during the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. On average, equities analysts anticipate that JD Sports Fashion will post 15.037961 earnings per share for the current fiscal year.

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. 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.