JD Sports Fashion's (JD) "Hold" Rating Reaffirmed at Shore Capital

JD Sports Fashion (LON:JD - Get Free Report)'s stock had its "hold" rating reaffirmed by analysts at Shore Capital in a research note issued to investors on Wednesday,London Stock Exchange reports.

A number of other analysts have also issued reports on the company. Berenberg Bank reiterated a "buy" rating and set a GBX 128 ($1.73) price objective on shares of JD Sports Fashion in a research note on Thursday, April 10th. Deutsche Bank Aktiengesellschaft increased their price objective on JD Sports Fashion from GBX 450 ($6.08) to GBX 490 ($6.62) and gave the company a "sell" rating in a research report on Friday, July 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of GBX 204.50 ($2.76).

JD Sports Fashion Stock Performance

Shares of JD stock opened at GBX 85.80 ($1.16) on Wednesday. The company has a market capitalization of £4.44 billion, a P/E ratio of 858.00, a P/E/G ratio of 1.05 and a beta of 1.65. The business has a fifty day simple moving average of GBX 83.82 and a 200 day simple moving average of GBX 81.35. 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 - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The company reported GBX 12.39 ($0.17) EPS for the quarter. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%. On average, research analysts predict that JD Sports Fashion will post 15.037961 earnings per share for the current year.

JD Sports Fashion announced that its Board of Directors has authorized a stock repurchase program on Thursday, April 10th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are 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.

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