JD Sports Fashion Plc (JD.L) – What Are Investment Firms Thinking About This Stock?

JD Sports Fashion Plc (LON:JD) has received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 110.88.

Several research firms have recently issued reports on JD. JPMorgan Chase & Co. decreased their target price 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. Shore Capital Group lowered shares of JD Sports Fashion to a “hold” rating and reduced their price objective for the stock from GBX 81 to GBX 75 in a research note on Friday, October 2nd. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 100 price objective on shares of JD Sports Fashion in a report on Monday, August 3rd. Berenberg Bank restated a “buy” rating and set a GBX 150 price objective on shares of JD Sports Fashion in a report on Monday, November 2nd. Finally, Citigroup upped 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.

JD Sports Fashion Stock Down 1.5%

LON:JD opened at GBX 95.34 on Friday. 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 company has a market cap of £4.94 billion, a price-to-earnings ratio of 953.40, a P/E/G ratio of 1.05 and a beta of 1.65. The business has a 50-day moving average of GBX 84.60 and a two-hundred day moving average of GBX 81.44.

JD Sports Fashion (LON:JD) last released its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 3.97 EPS 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 expect that JD Sports Fashion will post 15.04 earnings per share for the current year.

Insider Buying and Selling at JD Sports Fashion

In other news, insider Peter Agnefjäl purchased 320,000 shares of JD Sports Fashion stock in a transaction dated Friday, September 25th. The shares were bought at an average cost of GBX 77 per share, with a total value 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.