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

JD Sports Fashion Plc (LON:JD) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 446 ($5.62).

A number of research analysts recently issued reports on JD shares. JPMorgan Chase & Co. cut shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) price objective for the company. in a report on Friday. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 110 ($1.39) price objective on shares of JD Sports Fashion in a research report on Friday. Finally, Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Thursday.

Insider Transactions at JD Sports Fashion

In other JD Sports Fashion news, insider Andy Long purchased 31,064 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were bought at an average price of GBX 96 ($1.21) per share, for a total transaction of £29,821.44 ($37,553.76). Company insiders own 51.91% of the company’s stock.

JD Sports Fashion Stock Down 2.1 %

Shares of JD stock opened at GBX 93.46 ($1.18) on Wednesday. The firm has a market capitalization of £4.84 billion, a price-to-earnings ratio of 934.60, 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. The stock has a 50 day moving average price of GBX 134 and a 200-day moving average price of GBX 128.49.

JD Sports Fashion Cuts Dividend

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

About JD Sports Fashion

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.