JD Sports Fashion (LON:JD) Given “Hold” Rating at Shore Capital

Shore Capital reissued their hold rating on shares of JD Sports Fashion (LON:JD) in a report published on Friday morning,London Stock Exchange reports.

JD has been the subject of a number of other reports. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.36) price objective for the company. in a report on Friday, November 22nd. Citigroup downgraded shares of JD Sports Fashion to a “neutral” rating and dropped their price objective for the stock from GBX 150 ($1.94) to GBX 95 ($1.23) in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.42) price objective on shares of JD Sports Fashion in a report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 118.75 ($1.53).

JD Sports Fashion Price Performance

Shares of LON:JD opened at GBX 75.76 ($0.98) 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 has a market cap of £3.92 billion, a P/E ratio of 757.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The firm has a 50 day moving average price of GBX 82.47 and a two-hundred day moving average price of GBX 107.73.

Insiders Place Their Bets

In other news, insider Regis Schultz acquired 109,933 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were purchased at an average price of GBX 90 ($1.16) per share, for a total transaction of £98,939.70 ($127,746.55). 51.91% of the stock is currently owned by 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.