Shore Capital Reaffirms “Buy” Rating for JD Sports Fashion (LON:JD)

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

Several other equities research analysts have also recently weighed in on JD. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 110 ($1.44) price objective on shares of JD Sports Fashion in a report on Friday, August 23rd. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 172 ($2.25) target price on shares of JD Sports Fashion in a research note on Tuesday, June 11th. One research 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, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 459.40 ($6.01).

JD Sports Fashion Trading Up 2.8 %

LON JD opened at GBX 148.90 ($1.95) on Monday. JD Sports Fashion has a fifty-two week low of GBX 103 ($1.35) and a fifty-two week high of GBX 177.75 ($2.32). 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 stock has a 50 day simple moving average of GBX 127.17 and a two-hundred day simple moving average of GBX 123.15. The stock has a market cap of £7.71 billion, a P/E ratio of 1,489.00, a price-to-earnings-growth ratio of 1.00 and a beta of 1.65.

Insider Activity

In other news, insider Darren M. Shapland bought 40,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was bought at an average price of GBX 111 ($1.45) per share, for a total transaction of £44,400 ($58,061.99). 51.91% of the stock is currently owned by company 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.