JD Sports Fashion’s (JD) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt restated their hold rating on shares of JD Sports Fashion (LON:JD) in a report issued on Friday,London Stock Exchange reports.

Other research analysts also recently issued reports about the company. Shore Capital Group downgraded JD Sports Fashion to a “hold” rating and cut their price target for the company from GBX 81 to GBX 75 in a report on Friday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 95 price objective on shares of JD Sports Fashion in a report on Thursday, September 3rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 150 target price on shares of JD Sports Fashion in a research note on Thursday, September 24th. Citigroup increased their target price on JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 100 price target on shares of JD Sports Fashion in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, JD Sports Fashion has a consensus rating of “Hold” and an average target price of GBX 191.89.

JD Sports Fashion Price Performance

LON:JD opened at GBX 79.72 on Friday. The firm has a fifty day moving average price of GBX 85.06 and a 200 day moving average price of GBX 80.41. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The firm has a market capitalization of £4.13 billion, a price-to-earnings ratio of 797.20, a PEG ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share (EPS) for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. As a group, sell-side analysts expect that JD Sports Fashion will post 15.037961 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Peter Agnefjäl purchased 320,000 shares of the business’s stock in a transaction on Friday, September 25th. The shares were bought at an average price of GBX 77 per share, with a total value of £246,400. 51.91% of the stock is currently owned by corporate insiders.

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.