JD Sports Fashion (LON:JD) Receives Buy Rating from Shore Capital

JD Sports Fashion (LON:JDGet Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research note issued to investors on Tuesday, Marketbeat reports.

JD has been the subject of several other reports. JPMorgan Chase & Co. lowered JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.29) target price for the company. in a research note on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 110 ($1.35) target price on shares of JD Sports Fashion in a research report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, JD Sports Fashion currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 446 ($5.46).

View Our Latest Analysis on JD

JD Sports Fashion Stock Performance

JD stock opened at GBX 90.18 ($1.10) on Tuesday. The stock has a 50 day moving average price of GBX 103.46 and a 200 day moving average price of GBX 121.78. 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 stock has a market cap of £4.67 billion, a PE ratio of 901.80, a P/E/G ratio of 1.05 and a beta of 1.65.

Insider Buying and Selling

In other news, insider Andy Long acquired 31,064 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average cost of GBX 96 ($1.18) per share, with a total value of £29,821.44 ($36,501.15). Also, insider Regis Schultz bought 109,933 shares of JD Sports Fashion stock in a transaction on Tuesday, January 14th. The shares were purchased at an average cost of GBX 90 ($1.10) per share, for a total transaction of £98,939.70 ($121,101.22). 51.91% of the stock is currently owned by corporate insiders.

About JD Sports Fashion

(Get Free Report)

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.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

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