Shore Capital Group Reaffirms “Hold” Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reissued by equities researchers at Shore Capital Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 75 price target on the stock. Shore Capital Group’s price target indicates a potential downside of 7.73% from the stock’s current price.

JD has been the topic of a number of other reports. Citigroup boosted their price objective on JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 95 price target on shares of JD Sports Fashion in a report on Thursday, September 3rd. Royal Bank Of Canada reiterated 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. Berenberg Bank reissued a “buy” rating and issued a GBX 150 target price on shares of JD Sports Fashion in a research note on Thursday, September 24th. Finally, JPMorgan Chase & Co. cut their price target on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating for the company in a research note on Friday, August 21st. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 191.89.

JD Sports Fashion Price Performance

Shares of JD Sports Fashion stock opened at GBX 81.28 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The company has a market cap of £4.21 billion, a P/E ratio of 812.80, a PEG ratio of 1.05 and a beta of 1.65. The firm has a fifty day moving average of GBX 85.28 and a two-hundred day moving average of GBX 80.31.

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

Insider Buying and Selling at JD Sports Fashion

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

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. 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.