JD Sports Fashion (OTCMKTS:JDSPY) Shares Gap Up – Still a Buy?

JD Sports Fashion Plc (OTCMKTS:JDSPY) shares gapped up before the market opened on Monday . The stock had previously closed at $1.1150, but opened at $1.2050. JD Sports Fashion shares last traded at $1.2050, with a volume of 2,000 shares trading hands.

Analysts Set New Price Targets

Several research analysts have weighed in on JDSPY shares. BNP Paribas Exane upgraded shares of JD Sports Fashion from a “neutral” rating to an “outperform” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of JD Sports Fashion in a research report on Tuesday, July 14th. Finally, Zacks Research upgraded JD Sports Fashion to a “hold” rating in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, JD Sports Fashion currently has an average rating of “Hold”.

JD Sports Fashion Price Performance

The firm’s fifty day simple moving average is $1.09 and its 200 day simple moving average is $1.03.

About JD Sports Fashion

JD Sports Fashion plc (OTCMKTS: JDSPY) is a leading retailer specializing in sports-inspired fashion, footwear and accessories. Through its own retail locations and e-commerce platforms, the company offers a broad range of global and in-house brands, serving both lifestyle and performance segments. Its product portfolio spans athletic footwear, apparel and equipment from marquee names such as Nike, Adidas and The North Face, alongside private-label collections designed to meet evolving consumer tastes.

Founded in 1981 in Bury, Greater Manchester, JD Sports has grown from a single outlet into an international retail group.