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

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reissued by Shore Capital Group in a report released on Wednesday,London Stock Exchange reports.

Several other equities analysts have also recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 840 target price on shares of JD Sports Fashion in a research note on Wednesday, May 6th. UBS Group reissued a “neutral” rating and set a GBX 94 target price on shares of JD Sports Fashion in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 460 target price on shares of JD Sports Fashion in a research report on Thursday, May 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 100 price target on shares of JD Sports Fashion in a research note on Tuesday, June 23rd. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 155 price target on shares of JD Sports Fashion in a report on Thursday, July 2nd. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, JD Sports Fashion presently has an average rating of “Hold” and a consensus price target of GBX 233.

JD Sports Fashion Stock Up 1.5%

Shares of LON:JD opened at GBX 87.10 on Wednesday. The firm’s 50-day moving average price is GBX 83.23 and its two-hundred day moving average price is GBX 78.83. The firm has a market cap of £4.51 billion, a P/E ratio of 871.00, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

JD Sports Fashion (LON:JD) last issued its earnings results on Monday, May 11th. The company reported GBX 8.63 EPS for the quarter. The business had revenue of GBX 1,266.20 billion during the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%. Equities research analysts anticipate that JD Sports Fashion will post 15.037961 earnings per share for the current year.

About JD Sports Fashion

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.