JD Sports Fashion’s (JD) “Buy” Rating Reaffirmed at Shore Capital

JD Sports Fashion (LON:JD)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a research report issued on Friday,Digital Look reports.

A number of other research firms have also weighed in on JD. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.40) price objective on shares of JD Sports Fashion in a research note on Friday, November 22nd. JPMorgan Chase & Co. cut JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.33) target price on the stock. in a research note on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, JD Sports Fashion currently has an average rating of “Moderate Buy” and a consensus price target of GBX 446 ($5.66).

JD Sports Fashion Price Performance

Shares of LON JD opened at GBX 103.40 ($1.31) on Friday. The company has a market capitalization of £5.36 billion, a PE ratio of 1,034.00, a P/E/G ratio of 1.05 and a beta of 1.65. The company’s 50 day simple moving average is GBX 130.69 and its 200 day simple moving average is GBX 128.01. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71.

Insider Buying and Selling at JD Sports Fashion

In related news, insider Andy Long acquired 31,064 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average cost of GBX 96 ($1.22) per share, for a total transaction of £29,821.44 ($37,854.07). Company insiders own 51.91% of the company’s stock.

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.