JD Sports Fashion Plc (LON:JD) Receives GBX 446 Consensus Target Price from Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 446 ($5.67).

A number of equities analysts have issued reports on JD shares. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.40) target price on shares of JD Sports Fashion in a research report on Friday, November 22nd. JPMorgan Chase & Co. cut shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.33) price objective for the company. in a research note on Friday, November 22nd. Finally, Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Friday, November 29th.

JD Sports Fashion Stock Down 2.8 %

LON:JD opened at GBX 96.24 ($1.22) on Friday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The stock’s 50-day moving average price is GBX 118.28 and its two-hundred day moving average price is GBX 126.15. The firm has a market cap of £4.99 billion, a P/E ratio of 989.80, a PEG ratio of 1.05 and a beta of 1.65.

JD Sports Fashion Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 7th were paid a dividend of GBX 0.33 ($0.00) per share. This represents a dividend yield of 0.25%. The ex-dividend date of this dividend was Thursday, November 7th. JD Sports Fashion’s payout ratio is 1,000.00%.

Insiders Place Their Bets

In related news, insider Andy Long acquired 31,064 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was bought at an average price of GBX 96 ($1.22) per share, with a total value of £29,821.44 ($37,911.82). 51.91% of the stock is owned by corporate 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.