Shore Capital Reaffirms JD Sports Fashion (LON:JD) Stock Rating

JD Sports Fashion (LON:JD – Get Rated)Shore Capital shares reaffirmed their ‘hold’ rating in a report published on Wednesday, LSE.Co.UK reports.

Several other stock analysts also recently weighed in on JD. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 190 ($2.19) price target for JD Sports Fashion shares in a research note on Monday, September 26. Barclays cut its target price on JD Sports Fashion shares from GBX 185 ($2.13) to GBX 175 ($2.01) and set an “overweight” rating for the company in a research note on Monday. September 26. Berenberg Bank cut its target price on JD Sports Fashion shares from GBX 200 ($2.30) to GBX 180 ($2.07) and set a “buy” rating for the company in a research note on Tuesday, the 6th. of September. JPMorgan Chase & Co. cut its target price on JD Sports Fashion shares from GBX 210 ($2.42) to GBX 180 ($2.07) and set an “overweight” rating for the company in a research note on Tuesday, July 26. Finally, Deutsche Bank Aktiengesellschaft lowered the price target on JD Sports Fashion shares from GBX 735 ($8.46) to GBX 630 ($7.25) and set a “buy” rating for the company in a research report. on Thursday, October 27. Three analysts gave the shares a hold rating and eight assigned a buy rating to the company’s shares. According to MarketBeat data, JD Sports Fashion currently has a “Moderate Buy” consensus rating and a consensus price target of GBX 448.33 ($5.16).

JD Sports Fashion Price Performance

JD shares rose GBX 3.50 ($0.04) during trading on Wednesday, reaching GBX 107.90 ($1.24). 34,591,106 shares of the exchange traded hands, compared to its average volume of 393,791. JD Sports Fashion has a one-year minimum of GBX 88.40 ($1.02) and a one-year maximum of GBX 235.70 ($2.71). The stock has a market capitalization of £5.57bn and a price-earnings ratio of 1,798.33. The company has a 50-day SMA of GBX 108.28 and a 200-day SMA of GBX 118.40. The company has a current ratio of 1.50, a quick ratio of 0.71, and a debt-to-equity ratio of 91.09.

internal activity

In other JD Sports Fashion news, insider Andy Long acquired 25,000 shares of the company in a transaction on Friday, October 14. The shares were purchased at an average price of GBX 97 ($1.12) per share, with a total value of £24,250 ($27,921.70).

Company Profile JD Sports Fashion

(Get rating)

JD Sports Fashion plc is a retailer of branded sports fashion and children’s, women’s and men’s outdoor clothing, footwear, accessories and equipment. It operates through the Sports Fashion and Outdoor segments. The company also retails leisure goods, sporting goods, fishing gear, watches, jewelry, camping gear, boats and bicycles, as well as distributes sportswear and accessories, footwear and apparel.

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Analyst recommendations for JD Sports Fashion (LON:JD)

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