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

Shares of JD Sports Fashion Plc (LON:JD) have earned an average rating of “Hold” from the six research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 280 ($3.47).

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

JD Sports Fashion Price Performance

Shares of JD opened at GBX 82.30 ($1.02) on Monday. The company’s fifty day moving average is GBX 93.74 and its 200-day moving average is GBX 117.90. The firm has a market capitalization of £4.26 billion, a PE ratio of 823.00, a PEG ratio of 1.05 and a beta of 1.65. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

Insider Activity at JD Sports Fashion

In other JD Sports Fashion news, insider Regis Schultz bought 109,933 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The shares were purchased at an average price of GBX 90 ($1.12) per share, with a total value of £98,939.70 ($122,601.86). Also, insider Andy Long purchased 31,064 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of GBX 96 ($1.19) per share, with a total value of £29,821.44 ($36,953.46). 51.91% of the stock is currently owned by company insiders.

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.