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

Shore Capital reiterated their buy rating on shares of JD Sports Fashion (LON:JD) in a report issued on Friday, MarketBeat Ratings reports.

A number of other equities analysts have also recently commented on JD. JPMorgan Chase & Co. cut JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.33) target price for the company. in a report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.40) price objective on shares of JD Sports Fashion in a research note on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.66).

JD Sports Fashion Stock Performance

JD stock opened at GBX 101.80 ($1.29) on Friday. The firm has a fifty day simple moving average of GBX 128.66 and a two-hundred day simple moving average of GBX 127.74. The stock has a market capitalization of £5.27 billion, a price-to-earnings ratio of 1,018.00, a PEG 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 will be paid on Friday, December 6th. Shareholders 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 (DPR) is 1,000.00%.

Insider Activity

In related news, insider Andy Long bought 31,064 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were bought at an average price of GBX 96 ($1.22) per share, for a total transaction of £29,821.44 ($37,878.12). Insiders own 51.91% of the company’s stock.

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.