JD Sports Fashion (LON:JD) Stock Rating Lowered by Citigroup

Citigroup lowered shares of JD Sports Fashion (LON:JD) to a neutral rating in a research report released on Thursday, MarketBeat.com reports. They currently have GBX 95 ($1.19) price target on the stock, down from their previous price target of GBX 150 ($1.87).

Several other equities research analysts also recently commented on JD. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a research report on Tuesday, January 14th. JPMorgan Chase & Co. cut JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.31) price objective on the stock. in a research note on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 110 ($1.37) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 280 ($3.50).

JD Sports Fashion Stock Performance

LON:JD opened at GBX 84 ($1.05) on Thursday. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The company has a market cap of £4.35 billion, a price-to-earnings ratio of 840.00, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a 50 day moving average price of GBX 98 and a two-hundred day moving average price of GBX 120.08.

Insider Buying and Selling

In other news, insider Andy Long acquired 31,064 shares of JD Sports Fashion stock in a transaction on Thursday, November 21st. The stock was acquired at an average cost of GBX 96 ($1.20) per share, with a total value of £29,821.44 ($37,225.61). Also, insider Regis Schultz bought 109,933 shares of the stock in a transaction on Tuesday, January 14th. The stock was purchased at an average price of GBX 90 ($1.12) per share, for a total transaction of £98,939.70 ($123,504.81). 51.91% of the stock is currently owned by corporate 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.