JD Sports Fashion’s (JD) Buy Rating Reiterated at Shore Capital

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a research report issued on Monday, Digital Look reports.

JD has been the subject of a number of other research reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 172 ($2.25) target price on shares of JD Sports Fashion in a report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 110 ($1.44) target price on shares of JD Sports Fashion in a report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat, JD Sports Fashion currently has an average rating of “Moderate Buy” and a consensus target price of GBX 459.40 ($6.01).

JD Sports Fashion Stock Up 2.8 %

JD Sports Fashion stock opened at GBX 148.90 ($1.95) on Monday. The firm has a market cap of £7.71 billion, a price-to-earnings ratio of 1,489.00, a PEG ratio of 1.00 and a beta of 1.65. The stock has a fifty day simple moving average of GBX 127.17 and a two-hundred day simple moving average of GBX 123.15. JD Sports Fashion has a 12 month low of GBX 103 ($1.35) and a 12 month high of GBX 177.75 ($2.32). The company has a current ratio of 1.52, a quick ratio of 0.71 and a debt-to-equity ratio of 91.11.

Insider Buying and Selling

In other news, insider Darren M. Shapland acquired 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 9th. The stock was bought at an average price of GBX 111 ($1.45) per share, with a total value of £44,400 ($58,061.99). 51.91% of the stock is currently owned by corporate 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.