JD Sports Fashion Plc (LON:JD) Receives Average Rating of “Moderate Buy” from Analysts

Shares of JD Sports Fashion Plc (LON:JD) have earned a consensus recommendation 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 recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 446 ($5.61).

JD has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 110 ($1.38) price target on shares of JD Sports Fashion in a research report on Friday, November 22nd. Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price for the company. in a report on Friday, November 22nd.

JD Sports Fashion Trading Down 2.2 %

LON:JD opened at GBX 95 ($1.19) on Friday. The firm’s fifty day simple moving average is GBX 115.49 and its 200-day simple moving average is GBX 125.23. The company has a market cap of £4.92 billion, a price-to-earnings ratio of 950.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

JD Sports Fashion Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, November 7th were given a GBX 0.33 ($0.00) dividend. The ex-dividend date was Thursday, November 7th. This represents a dividend yield of 0.25%. JD Sports Fashion’s dividend payout ratio (DPR) is presently 1,000.00%.

Insider Activity at JD Sports Fashion

In related news, insider Andy Long acquired 31,064 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average cost of GBX 96 ($1.21) per share, with a total value of £29,821.44 ($37,478.25). 51.91% of the stock is owned by insiders.

JD Sports Fashion Company Profile

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.