JD Sports Fashion (LON:JD – Get Rated) JPMorgan Chase & Co. lowered its price target from GBX 210 ($2.53) to GBX 180 ($2.17) in a research note published Tuesday morning, Marketbeat Ratings reports. They currently have an overweight rating on the stock.
Several other stock research analysts have also recently released reports on the stock. Shore Capital reiterated a buy recommendation on the stock of JD Sports Fashion in a research report on Thursday, July 21. Peel Hunt reiterated a buy recommendation and set a GBX 280 ($3.37) price target for shares of JD Sports Fashion in a research report on Tuesday, April 12. Barclays lowered its price target on JD Sports Fashion shares from GBX 240 ($2.89) to GBX 195 ($2.35) and set an overweight rating on the stock in a research report on Monday, May 16. Deutsche Bank Aktiengesellschaft lowered its target price on JD Sports Fashion shares from GBX 875 ($10.54) to GBX 735 ($8.86) and set a buy rating on the stock in a research report dated Thursday, May 14. July. Finally, Royal Bank of Canada reiterated an outperformance rating and set a GBX 200 ($2.41) target price for shares of JD Sports Fashion in a research report on Monday, May 30. Two research analysts rated the shares a hold rating and eight assigned a buy rating to the company’s shares. According to data from MarketBeat.com, JD Sports Fashion currently has a moderate buy consensus rating and an average price target of GBX 509.38 ($6.14).
JD Sports Fashion Price Performance
LON:JD shares opened at GBX 127.75 ($1.54) on Tuesday. The firm has a debt-to-equity ratio of 101.34, a current ratio of 1.42, and a quick ratio of 0.75. JD Sports Fashion has a 1-year minimum of GBX 98.94 ($1.19) and a 1-year maximum of GBX 235.70 ($2.84). The company has a market capitalization of £6.59 billion and a P/E ratio of 1,984.29. The company’s 50-day simple moving average is GBX 121.08 and its 200-day simple moving average is GBX 145.86.
JD Sports Fashion cuts dividend
The firm 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). This represents a yield of 0.29%. The ex-dividend date is Thursday, July 7.
JD Sports Fashion Company Profile
(Get rating)
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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Source: www.defenseworld.net