JD Sports Fashion PLC’s (JD) Buy Rating Reiterated at Investec
JD Sports Fashion PLC (LON:JD)‘s stock had its “buy” rating reiterated by Investec in a report issued on Friday. They currently have a GBX 475 ($6.13) price objective on the stock. Investec’s price target would indicate a potential upside of 23.96% from the company’s previous close.
Several other equities analysts also recently weighed in on JD. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion PLC in a report on Tuesday. Peel Hunt reiterated a “buy” rating and set a GBX 500 ($6.46) price objective on shares of JD Sports Fashion PLC in a research report on Thursday, August 3rd. Beaufort Securities restated a “buy” rating on shares of JD Sports Fashion PLC in a research report on Wednesday. Finally, Barclays PLC restated an “overweight” rating on shares of JD Sports Fashion PLC in a research report on Monday, August 21st. Five equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of GBX 483.33 ($6.24).
JD Sports Fashion PLC (LON JD) traded up 2.98% during mid-day trading on Friday, hitting GBX 383.20. 2,790,418 shares of the stock traded hands. The stock’s market cap is GBX 3.73 billion. JD Sports Fashion PLC has a 1-year low of GBX 282.40 and a 1-year high of GBX 462.00. The company’s 50 day moving average price is GBX 346.71 and its 200-day moving average price is GBX 388.81.
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In related news, insider Peter Alan Cowgill acquired 30,000 shares of the business’s stock in a transaction dated Wednesday, July 5th. The shares were purchased at an average price of GBX 352 ($4.55) per share, for a total transaction of £105,600 ($136,381.25). Also, insider Brian Small acquired 10,000 shares of the business’s stock in a transaction dated Friday, June 30th. The shares were bought at an average price of GBX 361 ($4.66) per share, for a total transaction of £36,100 ($46,622.76).
About JD Sports Fashion PLC
JD Sports Fashion Plc is a multichannel retailer of sports fashion and outdoor brands. The Company’s segments are Sports Fashion and Outdoor. The Company’s sports fashion brands include JD, Size?, Chausport, Sprinter, Getthelabel.com, Kooga, Kukri Sports, Source Lab, Scotts, Tessuti, Cloggs, JD Gyms and Nicholas Deakins.
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