Shore Capital Reiterates Hold Rating for JD Sports Fashion (LON:JD)

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reiterated by stock analysts at Shore Capital in a research note issued to investors on Monday, Marketbeat.com reports. They currently have a GBX 85 price objective on the stock. Shore Capital’s price target indicates a potential upside of 3.28% from the stock’s current price.

A number of other brokerages have also recently commented on JD. JPMorgan Chase & Co. reiterated a “no recommendation” rating on shares of JD Sports Fashion in a research report on Thursday, January 22nd. Royal Bank Of Canada cut their price objective on shares of JD Sports Fashion from GBX 88 to GBX 87 and set a “market perform” rating for the company in a report on Monday. Peel Hunt restated a “buy” rating and set a GBX 200 target price on shares of JD Sports Fashion in a report on Thursday, November 20th. UBS Group reaffirmed a “neutral” rating and issued a GBX 94 price target on shares of JD Sports Fashion in a report on Friday, January 16th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 155 price objective on shares of JD Sports Fashion in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 110.25.

JD Sports Fashion Stock Performance

LON JD opened at GBX 82.30 on Monday. The company has a 50 day moving average price of GBX 82.14 and a two-hundred day moving average price of GBX 87.96. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The firm has a market cap of £4.26 billion, a P/E ratio of 823.00, a P/E/G ratio of 1.05 and a beta of 1.65.

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.