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

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reiterated by analysts at Shore Capital Group in a research note issued on Monday, September 21st, MarketBeat reports. They currently have a GBX 75 price objective on the stock. Shore Capital Group’s price target would indicate a potential downside of 3.23% from the company’s previous close.

A number of other research analysts also recently commented on JD. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 95 target price on shares of JD Sports Fashion in a research report on Thursday, September 3rd. JPMorgan Chase & Co. decreased their price objective on JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a research report on Friday, August 21st. Berenberg Bank dropped their target price on JD Sports Fashion from GBX 155 to GBX 150 and set a “buy” rating for the company in a report on Friday, August 21st. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 100 target price on shares of JD Sports Fashion in a research report on Monday, August 3rd. Finally, Citigroup increased their target price on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, JD Sports Fashion currently has a consensus rating of “Hold” and an average price target of GBX 191.89.

JD Sports Fashion Price Performance

Shares of LON:JD traded up GBX 1.06 during midday trading on Monday, hitting GBX 77.50. The company had a trading volume of 8,317,438 shares, compared to its average volume of 393,791. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The business has a 50-day simple moving average of GBX 85.76 and a two-hundred day simple moving average of GBX 80.25. The firm has a market cap of £4.01 billion, a P/E ratio of 775.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD) last issued its earnings results on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. Research analysts expect that JD Sports Fashion will post 15.037961 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Peter Agnefjäl acquired 320,000 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The stock was bought at an average price of GBX 77 per share, for a total transaction of £246,400. 51.91% of the stock is owned by corporate 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. 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.