JD Sports Fashion (LON:JD) Given “Buy” Rating at Shore Capital
Shore Capital reaffirmed their buy rating on shares of JD Sports Fashion (LON:JD) in a research note released on Tuesday morning, Digital Look reports.
JD has been the subject of a number of other research reports. Peel Hunt restated a buy rating and issued a GBX 700 ($9.15) price target (up previously from GBX 650 ($8.49)) on shares of JD Sports Fashion in a research note on Monday. Peel Hunt restated a buy rating and issued a GBX 650 ($8.49) price target on shares of JD Sports Fashion in a research note on Wednesday, July 3rd. Credit Suisse Group restated an outperform rating on shares of JD Sports Fashion in a research note on Wednesday, August 14th. Berenberg Bank boosted their target price on shares of JD Sports Fashion from GBX 690 ($9.02) to GBX 700 ($9.15) and gave the company a buy rating in a research note on Monday, July 1st. Finally, UBS Group reiterated a buy rating on shares of JD Sports Fashion in a research note on Friday, August 2nd. Seven investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average target price of GBX 727.20 ($9.50).
Shares of LON:JD opened at GBX 711.80 ($9.30) on Tuesday. The company has a current ratio of 1.32, a quick ratio of 0.37 and a debt-to-equity ratio of 11.70. The company has a fifty day simple moving average of GBX 616.02 and a 200 day simple moving average of GBX 576.98. The firm has a market cap of $6.91 billion and a PE ratio of 26.46. JD Sports Fashion has a 12-month low of GBX 318.50 ($4.16) and a 12-month high of GBX 653.20 ($8.54).
In other JD Sports Fashion news, insider Peter Alan Cowgill bought 15,000 shares of the stock in a transaction on Thursday, July 25th. The stock was purchased at an average price of GBX 613 ($8.01) per share, for a total transaction of £91,950 ($120,148.96).
JD Sports Fashion Company Profile
JD Sports Fashion Plc engages in the retail of branded sports fashionwear, and outdoor clothing and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company retails sports and fashion clothing, footwear, equipment, and sports and leisure goods, as well as distributes sports clothing and accessories, footwear and apparel, and rugby clothing and accessories.
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