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

JD Sports Fashion Plc (LON:JD) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 446 ($5.51).

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.36) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. JPMorgan Chase & Co. cut shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.30) price objective for the company. in a research report on Friday, November 22nd. Finally, Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a research note on Friday, November 29th.

Insider Activity at JD Sports Fashion

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 purchased at an average cost of GBX 96 ($1.19) per share, with a total value of £29,821.44 ($36,862.10). 51.91% of the stock is owned by company insiders.

JD Sports Fashion Stock Performance

JD Sports Fashion stock opened at GBX 101.50 ($1.25) on Thursday. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The firm has a market cap of £5.26 billion, a PE ratio of 1,015.00, a P/E/G ratio of 1.05 and a beta of 1.65. The stock’s 50 day simple moving average is GBX 105.64 and its two-hundred day simple moving average is GBX 122.64.

JD Sports Fashion Cuts Dividend

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