JD Sports Fashion’s (JD) “Buy” Rating Reiterated at Shore Capital

JD Sports Fashion (LON:JDGet Rating)‘s stock had its “buy” rating restated by Shore Capital in a note issued to investors on Wednesday, MarketBeat.com reports.

Several other equities research analysts have also recently issued reports on the stock. Royal Bank of Canada restated an “outperform” rating and set a GBX 200 ($2.45) price objective on shares of JD Sports Fashion in a research report on Monday, May 30th. Morgan Stanley reaffirmed an “equal weight” rating on shares of JD Sports Fashion in a research report on Friday, March 25th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of JD Sports Fashion in a report on Thursday, May 26th. Deutsche Bank Aktiengesellschaft started coverage on JD Sports Fashion in a research note on Tuesday, May 3rd. They set a “buy” rating and a GBX 875 ($10.72) target price for the company. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 280 ($3.43) price target on shares of JD Sports Fashion in a research note on Tuesday, April 12th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 536.25 ($6.57).

LON JD opened at GBX 106.80 ($1.31) on Wednesday. The business’s fifty day simple moving average is GBX 126.84 and its 200-day simple moving average is GBX 174.44. The company has a quick ratio of 0.84, a current ratio of 1.39 and a debt-to-equity ratio of 113.17. The firm has a market cap of £5.51 billion and a PE ratio of 12.87. JD Sports Fashion has a 52 week low of GBX 98.94 ($1.21) and a 52 week high of GBX 235.70 ($2.89).

JD Sports Fashion Company Profile (Get Rating)

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, as well as distributes sports apparel and accessories, footwear and apparel, and rugby apparel and accessories.

Further Reading

Analyst Recommendations for JD Sports Fashion (LON:JD)

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