JD Sports Fashion (LON:JD – Get Rating)Shares of have been given a buy rating by equity researchers at Shore Capital in a research report published on Wednesday, reports LSE.Co.UK.
Other equities analysts have also issued reports on the stock. The Royal Bank of Canada confirmed an outperform rating and a target price of GBX 200 ($2.42) for shares of JD Sports Fashion in a report Monday, May 30. Deutsche Bank Aktiengesellschaft lowered its target price on JD Sports Fashion to GBX 735 ($8.88) from GBX 875 ($10.57), rating the stock a “buy” in a research report on Thursday, July 14. rated. JPMorgan Chase & Co. lowered its price target on JD Sports Fashion to 180 GBX ($2.17) from 210 GBX ($2.54) and gave the company an Overweight rating in a report Tuesday, July 26 . Finally, Berenberg Bank lowered its target price on JD Sports Fashion from GBX 200 ($2.42) to GBX 180 ($2.17) and gave the stock a “buy” rating in a report on Tuesday, September 6th. Two investment analysts have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of GBX496.25 ($6.00).
JD Sports Fashion stock performance
LON:JD shares opened at GBX 122.90 ($1.49) on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.75 and a debt to equity ratio of 101.34. JD Sports Fashion has a 1-year low of GBX 98.94 ($1.20) and a 1-year high of GBX 235.70 ($2.85). The stock has a market cap of £6.34 billion and a P/E of 1,755.71. The company has a 50-day moving average price of GBX126.44 and a 200-day moving average price of GBX129.61.
In related news, insider Andy Higginson acquired 292,725 shares of the company’s shares in a transaction on Monday, Aug. 8. The shares were bought at an average price of GBX 133 ($1.61) per share with a total value of £389,324.25 ($470,425.63).
Company profile of JD Sports Fashion
JD Sports Fashion plc is engaged in the retail of branded sportswear and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through Sports Fashion and Outdoor segments. The company also sells recreational goods, sporting goods, fishing equipment, watches, jewelry, camping equipment, boats and bicycles, as well as athletic apparel and accessories, shoes and apparel.
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