JD Sports Fashion Plc (LON:JD) Given Average Rating of “Moderate Buy” by Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 459.40 ($6.04).

JD has been the topic of a number of recent research reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 172 ($2.26) price target on shares of JD Sports Fashion in a report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.45) target price on shares of JD Sports Fashion in a research report on Friday, August 23rd. Finally, Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research report on Thursday, August 22nd.

Insiders Place Their Bets

In other news, insider Darren M. Shapland acquired 40,000 shares of the firm’s stock in a transaction dated Tuesday, July 9th. The shares were bought at an average price of GBX 111 ($1.46) per share, with a total value of £44,400 ($58,382.64). Company insiders own 51.91% of the company’s stock.

JD Sports Fashion Price Performance

Shares of JD opened at GBX 134.25 ($1.77) on Friday. The company has a debt-to-equity ratio of 91.11, a quick ratio of 0.71 and a current ratio of 1.52. The firm has a market cap of £6.95 billion, a PE ratio of 1,342.50, a PEG ratio of 0.93 and a beta of 1.65. The firm’s 50 day moving average price is GBX 124.75 and its 200 day moving average price is GBX 122.05. JD Sports Fashion has a twelve month low of GBX 103 ($1.35) and a twelve month high of GBX 177.75 ($2.34).

JD Sports Fashion Company Profile

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.