Deutsche Bank Aktiengesellschaft Reaffirms “Sell” Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “sell” rating restated by Deutsche Bank Aktiengesellschaft in a research note issued on Friday, MarketBeat reports. They presently have a GBX 110 ($1.38) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 17.70% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a research note on Thursday. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price for the company. in a report on Friday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.59).

JD Sports Fashion Stock Down 2.1 %

JD Sports Fashion stock opened at GBX 93.46 ($1.17) on Friday. 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 has a market capitalization of £4.84 billion, a price-to-earnings ratio of 934.60, a P/E/G ratio of 1.05 and a beta of 1.65. The business’s fifty day moving average is GBX 134 and its two-hundred day moving average is GBX 128.34.

Insiders Place Their Bets

In other news, insider Andy Long purchased 31,064 shares of the stock in a transaction on Thursday, November 21st. The stock was bought at an average price of GBX 96 ($1.20) per share, with a total value of £29,821.44 ($37,384.28). 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.