JD Sports Fashion Plc (OTCMKTS:JDSPY) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• JD Sports Fashion has a consensus “Hold” rating from six analysts: five recommend holding the stock, while one recommends buying.
• Recent analyst views have been mixed, with BNP Paribas Exane upgrading the shares to “outperform,” while RBC downgraded them to “sector perform”; other firms maintained neutral or hold ratings.
• JDSPY recently traded at $1.23, near the upper end of its $0.84–$1.32 12-month range, with its 50-day and 200-day moving averages at $1.09 and $1.07, respectively.

Shares of JD Sports Fashion Plc (OTCMKTS:JDSPY - Get Free Report) have earned a consensus recommendation of "Hold" from the six ratings firms that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Several brokerages have recently weighed in on JDSPY. Citigroup restated a "neutral" rating on shares of JD Sports Fashion in a research note on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of JD Sports Fashion in a report on Tuesday, July 14th. BNP Paribas Exane raised shares of JD Sports Fashion from a "neutral" rating to an "outperform" rating in a research report on Friday, July 24th. Barclays raised shares of JD Sports Fashion to a "hold" rating in a research report on Wednesday, September 2nd. Finally, Royal Bank Of Canada lowered JD Sports Fashion from an "outperform" rating to a "sector perform" rating in a research report on Monday, August 3rd.

JD Sports Fashion Stock Performance

Shares of JDSPY traded up $0.09 during mid-day trading on Friday, reaching $1.23. 365 shares of the stock traded hands, compared to its average volume of 12,019. The stock has a fifty day simple moving average of $1.09 and a 200 day simple moving average of $1.07. JD Sports Fashion has a 12-month low of $0.84 and a 12-month high of $1.32. The company has a current ratio of 1.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.89.

About JD Sports Fashion

JD Sports Fashion plc is a United Kingdom-based retailer specializing in sports-inspired footwear, apparel and accessories. Its product range includes athletic shoes, trainers, clothing and related accessories from major global sportswear brands, as well as products sold under its own retail and exclusive-label offerings.

The company operates through a portfolio of retail banners, led by JD Sports. Other brands have included Size?, Finish Line, DTLR and Hibbett, serving customers through physical stores and e-commerce platforms.

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