JD Sports Fashion’s (JD) Hold Rating Reaffirmed at Shore Capital Group

Shore Capital Group reissued their hold rating on shares of JD Sports Fashion (LON:JD) in a research report released on Wednesday morning,Digital Look reports. Shore Capital Group currently has a GBX 75 target price on the stock.

Several other research analysts also recently issued reports on JD. Berenberg Bank reiterated a “buy” rating and issued a GBX 150 target price on shares of JD Sports Fashion in a research note on Thursday, September 24th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 100 price target on shares of JD Sports Fashion in a research report on Monday, August 3rd. Citigroup boosted their price objective on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a “neutral” rating in a report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 95 price objective on shares of JD Sports Fashion in a research report on Thursday, September 3rd. Finally, JPMorgan Chase & Co. cut their target price on JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, JD Sports Fashion currently has a consensus rating of “Hold” and a consensus target price of GBX 191.89.

JD Sports Fashion Price Performance

Shares of LON JD opened at GBX 81.28 on Wednesday. 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’s 50-day simple moving average is GBX 85.28 and its 200-day simple moving average is GBX 80.31. The firm has a market capitalization of £4.21 billion, a PE ratio of 812.80, a P/E/G ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%. As a group, equities research analysts anticipate 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 dated Friday, September 25th. The shares were purchased at an average price of GBX 77 per share, with a total value of £246,400. Corporate insiders own 51.91% of the company’s stock.

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.