Shore Capital Reaffirms “Hold” Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reiterated by investment analysts at Shore Capital in a research note issued to investors on Wednesday, Marketbeat.com reports.

Several other equities analysts also recently issued reports on JD. UBS Group reaffirmed a “neutral” rating and set a GBX 94 price objective on shares of JD Sports Fashion in a report on Friday, January 16th. Peel Hunt restated a “buy” rating and set a GBX 200 price target on shares of JD Sports Fashion in a research report on Thursday, November 20th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 155 price target on shares of JD Sports Fashion in a research note on Wednesday, September 24th. Citigroup boosted their price objective on JD Sports Fashion from GBX 95 to GBX 104 and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on JD Sports Fashion from GBX 100 to GBX 95 and set a “hold” rating for the company in a report on Friday, November 21st. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 114.75.

JD Sports Fashion Stock Performance

JD Sports Fashion stock opened at GBX 82.06 on Wednesday. The firm has a market cap of £4.25 billion, a PE ratio of 820.60, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a 50-day moving average of GBX 81.45 and a two-hundred day moving average of GBX 88.17. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23.

JD Sports Fashion declared that its Board of Directors has authorized a stock buyback program on Thursday, September 25th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

More JD Sports Fashion News

Here are the key news stories impacting JD Sports Fashion this week:

• Positive Sentiment: Berenberg reaffirmed a “buy” and set a GBX 155 price target, signaling significant upside versus the current share price. Berenberg buy, GBX 155 PT
• Positive Sentiment: Company says profit is expected to meet market expectations and highlights improving US sales — a constructive point that may support near‑term earnings forecasts. Profit to meet expectations; US sales improve
• Neutral Sentiment: JPMorgan reaffirmed a “no recommendation” on the stock, leaving institutional guidance unchanged. JPMorgan no recommendation
• Neutral Sentiment: Shore Capital maintained a “hold” rating, indicating mixed analyst conviction and limited near‑term catalyst from that house. Shore Capital hold
• Neutral Sentiment: Coverage describes a “resilient” peak trading period against a volatile consumer backdrop — a sign management navigated disruption but did not deliver strong top‑line growth. Resilient peak trading period
• Negative Sentiment: Multiple reports show Christmas / Q4 sales declined and JD flagged “muted” growth ahead, driven by weak UK and European demand — the principal near‑term risk to revenue and the stock. Q4 sales fall amidst volatile backdrop
• Negative Sentiment: Coverage collectively warns of a sales slip in the fourth quarter and flags subdued growth expectations — a factor that could pressure sentiment until clearer signs of recovery in UK/Europe appear. Sales decline during Christmas trading

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.