JD Sports Fashion plc (LON:JD) receives an average rating of “Moderate Buy” from brokers

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JD Sports Fashion Pvt. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 291.88 ($3.56).

A number of equities research analysts recently weighed in on JD shares. Royal Bank of Canada lifted their price target on JD Sports Fashion from GBX 150 ($1.83) to GBX 185 ($2.25) and gave the stock an “outperform” rating in a research report on Thursday, January 19th. Numis Securities reissued a “reduce” rating and set a GBX 475 ($5.79) target price on shares of JD Sports Fashion in a research report on Friday. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Monday, March 6th. JPMorgan Chase & Co. JD Sport Fashion lifted their price objective on GBX 205 ($2.50) to GBX 210 ($2.56) and gave the company an “overweight” rating in a report on Tuesday, February 28th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Tuesday, February 21st.

Insider buying and selling at JD Sports Fashion

In other JD Sports Fashion news, insider Andy Higginson purchased 159,704 shares of the company’s stock in a transaction dated Wednesday, January 11th. The stock traded at an average price of GBX 151 ($1.84) per share, for a total transaction of £241,153.04 ($293,909.86). Corporate insiders own 52.12% of the company.

JD Sports Fashion stock performance

Shares of LON:JD opened at GBX 162.30 ($1.98) on Friday. The company has a market capitalization of £8.41 billion, a P/E ratio of 2,705.00, a P/E/G ratio of 1.35 and a beta of 1.67. The company has a 50-day simple moving average of GBX 170.30 and a 200-day simple moving average of GBX 134.13. The company has a current ratio of 1.50, a quick ratio of 0.71, and a debt-to-equity ratio of 91.09.

JD Sports Fashion Company Profile

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JD Sports Fashion Pvt Ltd is engaged in retailing of popular sports fashion and outerwear, footwear, accessories and children’s, women’s and men’s goods. It works through sports fashion and outdoor classes. The company retails recreational goods, sporting goods, fishing equipment, watches, jewelry, camping equipment, boats and bicycles, and distributes sports apparel and accessories, footwear and apparel.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

This quick news alert was created using Narrative Science technology and MarketBeat financial data to provide readers with fast and accurate reporting. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to contact@marketbeat.com.

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