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

Shore Capital restated their buy rating on shares of JD Sports Fashion (LON:JD) in a research note published on Monday morning, MarketBeat reports.

A number of other brokerages have also issued reports on JD. Deutsche Bank Aktiengesellschaft reiterated a sell rating and issued a GBX 110 ($1.45) price objective on shares of JD Sports Fashion in a report on Friday, August 23rd. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 172 ($2.27) price objective on shares of JD Sports Fashion in a report on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat, JD Sports Fashion has a consensus rating of Moderate Buy and a consensus target price of GBX 459.40 ($6.07).

JD Sports Fashion Trading Up 3.5 %

JD opened at GBX 159.70 ($2.11) on Monday. The company’s 50 day moving average is GBX 129.65 and its 200-day moving average is GBX 123.94. JD Sports Fashion has a 1-year low of GBX 103 ($1.36) and a 1-year high of GBX 177.75 ($2.35). The company has a current ratio of 1.52, a quick ratio of 0.71 and a debt-to-equity ratio of 91.11. The company has a market cap of £8.27 billion, a P/E ratio of 1,597.00, a PEG ratio of 1.00 and a beta of 1.65.

Insider Activity

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

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.