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

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

Other equities analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 95 target price on shares of JD Sports Fashion in a report on Thursday, September 3rd. Citigroup raised their price target 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. Royal Bank Of Canada reaffirmed 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. Berenberg Bank reiterated a “buy” rating and issued a GBX 150 price objective on shares of JD Sports Fashion in a report on Thursday, September 24th. Finally, JPMorgan Chase & Co. lowered their price objective on JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating for the company in a research report on Friday, August 21st. Two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, JD Sports Fashion has a consensus rating of “Hold” and an average target price of GBX 191.89.

JD Sports Fashion Stock Performance

Shares of JD Sports Fashion stock opened at GBX 79.72 on Wednesday. The stock has a market capitalization of £4.13 billion, a P/E ratio of 797.20, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. 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 stock’s 50 day moving average is GBX 85.06 and its 200 day moving average is GBX 80.36.

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

Insider Activity at JD Sports Fashion

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 cost of GBX 77 per share, for a total transaction 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.