JD Sports Fashion plc (LON:JD – Get Rating) has received an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 262.14 ($3.20).
Several research firms recently commented on JD. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 190 ($2.32) price objective on shares of JD Sports Fashion in a research report on Monday, September 26th. Berenberg Bank reduced their price target on shares of JD Sports Fashion from GBX 200 ($2.44) to GBX 180 ($2.19) and set a “buy” rating for the company in a research note on Tuesday, September 6th. Shore Capital restated a “hold” rating on shares of JD Sports Fashion in a research report on Wednesday, November 9th. Barclays cut their target price on shares of JD Sports Fashion from GBX 185 ($2.26) to GBX 175 ($2.13) and set an “overweight” rating for the company in a research report on Monday, September 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on JD Sports Fashion from GBX 735 ($8.96) to GBX 630 ($7.68) and set a “buy” rating on the stock in a report on Thursday, October 27th.
JD Sports Fashion Stock Performance
Shares of JD stock opened at GBX 126.15 ($1.54) on Friday. The stock has a market cap of £6.51 billion and a P/E ratio of 2,102.50. The company has a quick ratio of 0.71, a current ratio of 1.50 and a debt-to-equity ratio of 91.09. The company’s 50 day moving average price is GBX 109.26 and its 200-day moving average price is GBX 117.38.
JD Sports Fashion Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 8th will be issued a GBX 0.13 ($0.00) dividend. This represents a dividend yield of 0.1%. The ex-dividend date is Thursday, December 8th.
Insiders Place Their Bets
In related news, insider Andy Long acquired 25,000 shares of JD Sports Fashion stock in a transaction on Friday, October 14th. The shares were bought at an average cost of GBX 97 ($1.18) per share, with a total value of £24,250 ($29,569.56).
JD Sports Fashion Company Profile
(Get Rating)
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, watches, jewellery, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.
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