JD Sports Fashion’s (JD) Hold Rating Reiterated at Shore Capital Group

Shore Capital Group reiterated their hold rating on shares of JD Sports Fashion (LON:JD) in a research note issued to investors on Friday,London Stock Exchange reports.

A number of other analysts have also recently commented on JD. Deutsche Bank Aktiengesellschaft dropped their target price on shares of JD Sports Fashion from GBX 95 to GBX 85 and set a “hold” rating on the stock in a report on Tuesday, February 3rd. Peel Hunt reiterated a “buy” rating and issued a GBX 200 price target on shares of JD Sports Fashion in a research note on Thursday, November 20th. JPMorgan Chase & Co. reissued a “no recommendation” rating on shares of JD Sports Fashion in a research report on Thursday, January 22nd. 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. Finally, Citigroup cut their price objective on shares of JD Sports Fashion from GBX 87 to GBX 86 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 110.25.

JD Sports Fashion Stock Down 0.1%

Shares of JD stock opened at GBX 67.84 on Friday. The business has a fifty day moving average price of GBX 79.49 and a two-hundred day moving average price of GBX 85.14. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The stock has a market capitalization of £3.51 billion, a PE ratio of 678.40, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

JD Sports Fashion announced that its board has approved a share repurchase program on Monday, February 23rd that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.