JD Sports Fashion’s (JD) “Buy” Rating Reiterated at Shore Capital

Shore Capital reissued their buy rating on shares of JD Sports Fashion (LON:JD) in a research report sent to investors on Friday, MarketBeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.43) target price on shares of JD Sports Fashion in a research note on Friday, August 23rd. One analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 459.40 ($5.96).

JD Sports Fashion Price Performance

JD opened at GBX 133 ($1.72) on Friday. The company has a market capitalization of £6.89 billion, a price-to-earnings ratio of 1,319.50, a P/E/G ratio of 1.05 and a beta of 1.65. The stock has a fifty day moving average price of GBX 140.53 and a 200 day moving average price of GBX 128.20. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

JD Sports Fashion Cuts Dividend

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

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.