JD Sports Fashion (LON:JD) Received Buy Rating on Shore Capital

Shore Capital reaffirmed its Buy recommendation on shares of JD Sports Fashion (LON:JD – Get Rated) in a research report published Tuesday, reports Marketbeat.com.

Other stock research analysts have also recently published research reports on the company. Barclays lowered its price target on JD Sports Fashion from GBX 240 ($2.94) to GBX 195 ($2.39) and set an overweight rating on the stock in a research note on Monday May 16. Peel Hunt reiterated a buy recommendation and set a GBX 280 ($3.43) price target for shares of JD Sports Fashion in a report on Tuesday, April 12. JPMorgan Chase & Co. cut its price target on JD Sports Fashion from GBX 210 ($2.57) to GBX 180 ($2.21) and set an overweight rating on the company in a research report dated Tuesday, July 26. . Deutsche Bank Aktiengesellschaft lowered its price target on JD Sports Fashion from GBX 875 ($10.72) to GBX 735 ($9.01) and set a buy rating on the stock in a research note on Thursday, July 14. Finally, Royal Bank of Canada reiterated an upper rating and issued a price target of GBX 200 ($2.45) on JD Sports Fashion shares in a research note on Monday, May 30. Two investment analysts rated the stock with a hold rating and eight issued a buy rating on the company. According to data from MarketBeat.com, JD Sports Fashion currently has a moderate buy consensus rating and a consensus price target of GBX 509.38 ($6.24).

JD sports fashion trade down 1.9%

Shares of JD Sports Fashion opened at GBX 128.30 ($1.57) on Tuesday. JD Sports Fashion has a one-year minimum of GBX 98.94 ($1.21) and a one-year maximum of GBX 235.70 ($2.89). The company has a market capitalization of £6.62 billion and a P/E ratio of 1,867.86. The firm has a debt-to-equity ratio of 101.34, a current ratio of 1.42, and a quick ratio of 0.75. The company has a 50-day moving average of GBX 121.42 and a 200-day moving average of GBX 142.78.

JD Sports Fashion cuts dividend

The company also recently declared a dividend, which will be paid on Friday, August 5. Investors registered on Thursday, July 7 will receive a dividend of GBX 0.35 ($0.00) per share. The ex-dividend date of this dividend is Thursday, July 7. This represents a dividend yield of 0.29%.

JD Sports Fashion Company Profile

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JD Sports Fashion plc is engaged in the retail sale of branded sports fashion and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through the Sports Fashion and Outdoor segments. The company also retails leisure goods, sporting goods, fishing gear, watches, jewelry, camping gear, boats and bicycles, as well as distributes sports apparel and accessories, footwear and apparel.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

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Source: www.defenseworld.net