JD Sports Fashion plc (LON:JD) receives an average “Moderate Buy” recommendation from analysts

Shares of JD Sports Fashion plc (LON:JD – Get Rated) have received a “Moderate Buy” consensus recommendation from all nine analysts currently covering the company, Marketbeat reports. Two equity research analysts gave the stock a hold recommendation and seven assigned a buy recommendation to the company. The 12-month average price target among brokers who issued a report on the stock in the past year is GBX 262.14 ($3.02).

Several analysts have issued reports on the shares. Deutsche Bank Aktiengesellschaft lowered its target price for shares of JD Sports Fashion from GBX 735 ($8.46) to GBX 630 ($7.25) and set a “buy” rating on the shares in a Thursday, January 27, report. october. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 190 ($2.19) price target on shares of JD Sports Fashion in a report on Monday, September 26. Berenberg Bank lowered the price target on JD Sports Fashion shares from GBX 200 ($2.30) to GBX 180 ($2.07) and set a “buy” rating on the shares in a Tuesday, September 6, report. . Barclays lowered the price target on JD Sports Fashion shares from GBX 185 ($2.13) to GBX 175 ($2.01) and set an “overweight” rating for the shares in a Monday, January 26, report. September. Finally, Shore Capital reaffirmed a “hold” rating for JD Sports Fashion shares in a report on Wednesday, November 9.

Buying and selling insider information

In other news, tipster Andy Long purchased 25,000 shares of the company in a transaction that occurred on Friday, October 14. The shares were purchased at an average cost of GBX 97 ($1.12) per share, with a total value of £24,250 ($27,921.70).

JD Sports Fashion Stock Returns

LON JD shares opened at GBX 120.50 ($1.39) on Monday. The firm has a debt to equity ratio of 91.09, a quick ratio of 0.71, and a current ratio of 1.50. The company has a market capitalization of £6.22 billion and a P/E ratio of 2008.33. The company has a 50-day moving average of GBX 108.12 and a 200-day moving average of GBX 117.79.

JD Sports Fashion cuts dividends

The company also recently declared a dividend, which will be paid on Friday, January 6. Investors registered on Thursday, December 8 will receive a dividend of GBX 0.13 ($0.00) per share. The ex-dividend date is Thursday, December 8. This represents a dividend yield of 0.1%.

About 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.

Featured articles

Analyst recommendations for JD Sports Fashion (LON:JD)

This instant news alert was generated by MarketBeat’s financial data and storytelling science technology to provide readers with the fastest and most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider JD Sports Fashion, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-performing and top-rated research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks top analysts are quietly whispering to their customers to buy now before the broader market takes notice… and JD Sports Fashion wasn’t on the list.

While JD Sports Fashion currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

Source: news.google.com