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

Key Points

• Shore Capital Group reiterated its “hold” rating on JD Sports Fashion and set a GBX 75 price target, implying approximately 19.75% downside from the reported GBX 93.46 share price.
• Analyst views remain mixed: three analysts rate the stock a buy, four a hold, and one a sell. MarketBeat reports an overall consensus rating of “Hold” with a consensus target price of GBX 233.
• JD Sports Fashion shares have traded above their 50-day and 200-day moving averages, while the company has a £4.84 billion market capitalization and a reported price-to-earnings ratio of 934.60.

JD Sports Fashion (LON:JD - Get Free Report)'s stock had its "hold" rating reissued by equities researchers at Shore Capital Group in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 75 price target on the stock. Shore Capital Group's price target indicates a potential downside of 19.75% from the company's current price.

JD has been the subject of a number of other research reports. UBS Group reiterated a "neutral" rating and issued a GBX 94 target price on shares of JD Sports Fashion in a report on Tuesday, May 5th. Jefferies Financial Group restated a "buy" rating and set a GBX 840 price target on shares of JD Sports Fashion in a report on Wednesday, May 6th. Citigroup dropped their price objective on shares of JD Sports Fashion from GBX 86 to GBX 83 and set a "neutral" rating for the company in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reiterated a "sell" rating and set a GBX 460 price objective on shares of JD Sports Fashion in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 100 target price on shares of JD Sports Fashion in a research note on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, JD Sports Fashion presently has a consensus rating of "Hold" and a consensus target price of GBX 233.

JD Sports Fashion Price Performance

Shares of LON JD opened at GBX 93.46 on Thursday. The stock's fifty day moving average is GBX 87.72 and its 200 day moving average is GBX 80. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The company has a market capitalization of £4.84 billion, a PE ratio of 934.60, 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.

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