JD Sports Fashion Plc (LON:JD) Given Average Recommendation of “Hold” by Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have been assigned a consensus recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 280 ($3.47).

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. cut shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.30) target price for the company. in a research note on Friday, November 22nd. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Tuesday, January 14th. Citigroup lowered JD Sports Fashion to a “neutral” rating and cut their target price for the company from GBX 150 ($1.86) to GBX 95 ($1.18) in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 110 ($1.36) price target on shares of JD Sports Fashion in a research note on Friday, November 22nd.

JD Sports Fashion Price Performance

Shares of JD Sports Fashion stock opened at GBX 82.30 ($1.02) on Monday. The firm has a market cap of £4.26 billion, a price-to-earnings ratio of 823.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The firm’s 50-day moving average price is GBX 94.11 and its 200-day moving average price is GBX 118.14. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

Insiders Place Their Bets

In related news, insider Regis Schultz purchased 109,933 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were bought at an average cost of GBX 90 ($1.12) per share, for a total transaction of £98,939.70 ($122,738.74). Also, insider Andy Long acquired 31,064 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were bought at an average price of GBX 96 ($1.19) per share, for a total transaction of £29,821.44 ($36,994.72). Company insiders own 51.91% of the company’s stock.

JD Sports Fashion Company Profile

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.