Brokers give JD Sports Fashion “Moderate Buy” rating.

JD Sports Fashion Receives “Moderate Buy” Rating from Analysts

JD Sports Fashion plc (LON:JD – Get Rating) has been given an average rating of “Moderate Buy” by eleven research firms that cover the stock, according to reports by MarketBeat Ratings.

Of the eleven research firms, one analyst rated the stock as a sell, one as a hold, while the remaining nine issued a buy rating. The stock has an average price target of GBX 291.88 ($3.56) among brokers that covered the stock in the last year.

Analysis of JD Sports Fashion by Research Analysts

Several equities research analysts have recently shared their insights on JD Sports Fashion. RBC raised their target price from GBX 150 ($1.83) to GBX 185 ($2.25) and gave the stock an “Outperform” rating in a research report on January 19th. Numis Securities reiterated a “Reduce” rating with a GBX 475 ($5.79) target price on JD Sports Fashion shares in a report published on Friday, while Shore Capital reaffirmed a “Buy” rating on shares of JD Sports Fashion in a report on March 6th.

JPMorgan Chase & Co. increased their price objective on the company from GBX 205 ($2.50) to GBX 210 ($2.56) and assigned an “Overweight” rating to the company in a report on February 28th. Finally, The Goldman Sachs Group reiterated a “Buy” rating on JD Sports Fashion’s shares in a report published on February 21st.

Insider Transactions at JD Sports Fashion

Insider Andy Higginson purchased 159,704 shares of JD Sports Fashion’s stock in a transaction on January 11th at an average price of GBX 151 ($1.84) per share, amounting to a total transaction of £241,153.04 ($293,909.86). Corporate insiders currently own 52.12% of the company’s stock.

Stock Performance of JD Sports Fashion

On Friday, JD Sports Fashion’s shares (LON:JD) opened at GBX 162.30 ($1.98). 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 stock also has a 50-day simple moving average of GBX 170.30 and a 200-day simple moving average of GBX 134.13. The company’s current ratio is 1.50, while its quick ratio is 0.71. The company’s debt-to-equity ratio is 91.09.

JD Sports Fashion: A Company Profile

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JD Sports Fashion plc is involved in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. The company operates through two segments: Sports Fashion and Outdoor. Additionally, the company retails leisure goods, sports goods, fishing gear, watches, jewellery, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.

Featured Articles on JD Sports Fashion

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