Deutsche Bank Aktiengesellschaft cut shares of JD Sports Fashion (LON:JD – Free Report) to a sell rating in a report released on Monday morning, MarketBeat reports. They currently have GBX 110 ($1.40) target price on the stock, down from their prior target price of GBX 115 ($1.47).
Other research analysts also recently issued reports about the stock. Citigroup reissued a buy rating and set a GBX 925 ($11.81) price objective on shares of JD Sports Fashion in a research report on Tuesday, April 23rd. Shore Capital reissued a buy rating on shares of JD Sports Fashion in a research report on Wednesday, May 29th. Finally, JPMorgan Chase & Co. reissued an overweight rating and set a GBX 172 ($2.20) price objective on shares of JD Sports Fashion in a research report on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of GBX 459.40 ($5.87).
JD Sports Fashion Trading Up 1.1 %
JD Sports Fashion Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, July 12th. Stockholders of record on Thursday, June 13th were given a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 0.45%. This is a boost from JD Sports Fashion’s previous dividend of $0.30. JD Sports Fashion’s dividend payout ratio (DPR) is presently 1,000.00%.
Insider Activity
In other JD Sports Fashion news, insider Darren M. Shapland purchased 40,000 shares of JD Sports Fashion stock in a transaction that occurred on Tuesday, July 9th. The shares were bought at an average price of GBX 111 ($1.42) per share, for a total transaction of £44,400 ($56,690.50). Company 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.
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