JD Sports Fashion (LON:JD) Earns “Hold” Rating from Shore Capital

Shore Capital restated their hold rating on shares of JD Sports Fashion (LON:JD) in a research report report published on Tuesday morning, PriceTargets.com reports.

Several other equities research analysts also recently commented on the company. Peel Hunt reissued an add rating and issued a GBX 1,200 ($16.29) target price on shares of JD Sports Fashion in a report on Wednesday, November 10th. Peel Hunt reissued a buy rating and issued a GBX 260 ($3.53) target price on shares of JD Sports Fashion in a report on Thursday, December 23rd. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 300 ($4.07) price target on shares of JD Sports Fashion in a report on Friday, January 7th. Liberum Capital reaffirmed a hold rating and set a GBX 1,000 ($13.57) price target on shares of JD Sports Fashion in a report on Thursday, November 11th. Finally, Berenberg Bank upped their price target on JD Sports Fashion from GBX 240 ($3.26) to GBX 285 ($3.87) and gave the company a buy rating in a report on Friday, January 7th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Buy and a consensus price target of GBX 547.50 ($7.43).

JD Sports Fashion stock opened at GBX 193 ($2.62) on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.39 and a debt-to-equity ratio of 113.17. The business has a fifty day moving average of GBX 583.33. JD Sports Fashion has a 12 month low of GBX 149.40 ($2.03) and a 12 month high of GBX 235.70 ($3.20). The company has a market capitalization of £9.96 billion and a P/E ratio of 23.85.

In related news, insider Peter Alan Cowgill sold 10,000,000 shares of the company’s stock in a transaction on Thursday, January 13th. The stock was sold at an average price of GBX 213 ($2.89), for a total transaction of £21,300,000 ($28,912,718.88).

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, as well as distributes sports apparel and accessories, footwear and apparel, and rugby apparel and accessories.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

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