Shore Capital Reiterates Buy Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reissued by Shore Capital in a research note issued to investors on Monday, MarketBeat.com reports.

A number of other equities analysts have also recently issued reports on JD. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 110 ($1.45) target price on shares of JD Sports Fashion in a report on Friday, August 23rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 172 ($2.27) price target on shares of JD Sports Fashion in a report on Tuesday, June 11th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, JD Sports Fashion presently has an average rating of “Moderate Buy” and a consensus target price of GBX 459.40 ($6.07).

JD Sports Fashion Stock Performance

Shares of JD stock opened at GBX 159.70 ($2.11) on Monday. The company has a debt-to-equity ratio of 91.11, a quick ratio of 0.71 and a current ratio of 1.52. JD Sports Fashion has a one year low of GBX 103 ($1.36) and a one year high of GBX 177.75 ($2.35). The company’s 50-day simple moving average is GBX 127.88 and its 200-day simple moving average is GBX 123.43. The stock has a market capitalization of £8.27 billion, a price-to-earnings ratio of 1,543.00, a PEG ratio of 1.00 and a beta of 1.65.

Insider Transactions at JD Sports Fashion

In other news, insider Darren M. Shapland acquired 40,000 shares of JD Sports Fashion stock in a transaction on Tuesday, July 9th. The stock was bought at an average cost of GBX 111 ($1.47) per share, with a total value of £44,400 ($58,652.58). 51.91% of the stock is owned by insiders.

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.