JD Sports Fashion (LON:JD) Stock Rating Reaffirmed by Shore Capital

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reiterated by Shore Capital in a research report issued on Thursday, Marketbeat.com reports.

Separately, Jefferies Financial Group boosted their price objective on shares of JD Sports Fashion from GBX 900 ($11.37) to GBX 925 ($11.69) and gave the company a “buy” rating in a research report on Tuesday, February 20th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 511.25 ($6.46).

JD Sports Fashion Stock Up 1.8 %

Shares of JD traded up GBX 2.10 ($0.03) during trading hours on Thursday, hitting GBX 116.30 ($1.47). The company had a trading volume of 7,954,893 shares, compared to its average volume of 393,791. The company has a current ratio of 1.36, a quick ratio of 0.71 and a debt-to-equity ratio of 95.32. The firm has a market cap of £6.02 billion, a price-to-earnings ratio of 2,907.50, a P/E/G ratio of 0.84 and a beta of 1.56. The company’s 50-day moving average is GBX 113.17 and its 200 day moving average is GBX 133.04.

Insiders Place Their Bets

In related news, insider Andy Higginson bought 45,487 shares of the stock in a transaction dated Thursday, January 18th. The stock was acquired at an average price of GBX 109 ($1.38) per share, for a total transaction of £49,580.83 ($62,657.44). 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.