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

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

A number of other brokerages also recently issued reports on JD. JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.33) price objective on the stock. in a research report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.40) target price on shares of JD Sports Fashion in a research report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 446 ($5.66).

JD Sports Fashion Trading Up 1.7 %

Shares of JD Sports Fashion stock opened at GBX 103.40 ($1.31) 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 company’s 50 day moving average price is GBX 130.69 and its 200 day moving average price is GBX 128.01. The company has a market capitalization of £5.36 billion, a price-to-earnings ratio of 1,034.00, a PEG ratio of 1.05 and a beta of 1.65.

Insider Activity

In related news, insider Andy Long purchased 31,064 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were bought at an average cost of GBX 96 ($1.22) per share, with a total value of £29,821.44 ($37,854.07). 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.