JD Sports Fashion Plc (LON:JD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

JD Sports Fashion Plc (LON:JD) has earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 459.40 ($6.14).

Several research firms have recently commented on JD. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 172 ($2.30) price target on shares of JD Sports Fashion in a research note on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 110 ($1.47) target price on shares of JD Sports Fashion in a research note on Friday, August 23rd. Finally, Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a report on Monday, September 16th.

Insider Buying and Selling

In related news, insider Darren M. Shapland bought 40,000 shares of the company’s stock in a transaction on Tuesday, July 9th. The stock was bought at an average cost of GBX 111 ($1.48) per share, with a total value of £44,400 ($59,390.05). 51.91% of the stock is owned by insiders.

JD Sports Fashion Stock Down 1.0 %

JD opened at GBX 154.05 ($2.06) on Tuesday. The firm’s 50 day moving average is GBX 135.66 and its 200 day moving average is GBX 126.08. The company has a current ratio of 1.52, a quick ratio of 0.71 and a debt-to-equity ratio of 91.11. The stock has a market cap of £7.98 billion, a P/E ratio of 1,540.50, a PEG ratio of 0.90 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.