JD Sports Fashion (LON:JD) Given Hold Rating at Shore Capital Group

JD Sports Fashion (LON:JD)‘s stock had its “hold” rating reiterated by equities research analysts at Shore Capital Group in a report released on Thursday,Digital Look reports. They presently have a GBX 75 price objective on the stock. Shore Capital Group’s price objective points to a potential downside of 19.75% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 100 price objective on shares of JD Sports Fashion in a report on Monday, August 3rd. Citigroup reduced their target price on shares of JD Sports Fashion from GBX 86 to GBX 83 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. UBS Group reaffirmed a “neutral” rating and set a GBX 94 price target on shares of JD Sports Fashion in a research note on Tuesday, May 5th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 840 price target on shares of JD Sports Fashion in a report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 460 price objective on shares of JD Sports Fashion in a research note on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 233.

JD Sports Fashion Trading Up 2.1%

Shares of JD opened at GBX 93.46 on Thursday. The company’s 50-day moving average is GBX 87.72 and its two-hundred day moving average is GBX 80. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The stock has a market capitalization of £4.84 billion, a price-to-earnings ratio of 934.60, a P/E/G ratio of 1.05 and a beta of 1.65.

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.