JD Sports Fashion plc (LON:JD – Get Rated) has received an average rating of “Moderate Buy” from the nine research firms that currently cover the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and seven have given the company a buy recommendation. The average 12-month price target among brokerages that have issued a report on the stock in the past year is GBX 262.14 ($3.20).
Several research firms recently commented on JD. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 190 ($2.32) price target on shares of JD Sports Fashion in a research report on Monday, September 26. Berenberg Bank lowered the price target on JD Sports Fashion shares from GBX 200 ($2.44) to GBX 180 ($2.19) and set a “buy” rating for the company in a research note on Tuesday, the 6th. of September. Shore Capital reaffirmed a “hold” rating on shares of JD Sports Fashion in a research report on Wednesday, November 9. Barclays cut the price target on JD Sports Fashion shares from GBX 185 ($2.26) to GBX 175 ($2.13) and set an “overweight” rating for the company in a research report on Monday. September 26. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on JD Sports Fashion from GBX 735 ($8.96) to GBX 630 ($7.68) and set a “buy” rating on the stock in a Thursday, Oct. 27, report.
JD Sports Fashion Stock Returns
JD shares opened at GBX 126.15 ($1.54) on Friday. The stock has a market capitalization of £6.51bn and a price-earnings ratio of 2,102.50. The company has a quick ratio of 0.71, a current ratio of 1.50, and a debt-to-equity ratio of 91.09. The company’s 50-day moving average price is GBX 109.26 and its 200-day moving average price is GBX 117.38.
JD Sports Fashion cuts dividends
The firm also recently announced a dividend, to be paid on Friday, January 6. Investors registered on Thursday, December 8 will receive a GBX 0.13 ($0.00) dividend. This represents a dividend yield of 0.1%. The ex-dividend date is Thursday, December 8.
Insiders place their bets
In related news, insider Andy Long acquired 25,000 shares of JD Sports Fashion in a transaction on Friday, October 14. The shares were purchased at an average cost of GBX 97 ($1.18) per share, with a total value of £24,250 ($29,569.56).
Company Profile JD Sports Fashion
(Get rating)
JD Sports Fashion plc is a retailer of branded sports fashion and children’s, women’s and men’s outdoor clothing, footwear, accessories and equipment. 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 sportswear and accessories, footwear and apparel.
See also
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