JD Sports Fashion Plc (LON:JD) Given Average Recommendation of “Buy” by Analysts

Shares of JD Sports Fashion Plc (LON:JD) have been assigned an average recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 479.40 ($6.09).

Several brokerages recently weighed in on JD. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research report on Wednesday, May 29th. Barclays raised their target price on JD Sports Fashion from GBX 150 ($1.91) to GBX 165 ($2.10) and gave the company an “overweight” rating in a report on Wednesday, April 3rd. Citigroup reiterated a “buy” rating and set a GBX 925 ($11.75) price target on shares of JD Sports Fashion in a report on Tuesday, April 23rd. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 172 ($2.19) price objective on shares of JD Sports Fashion in a research note on Tuesday, June 11th. Finally, Jefferies Financial Group upped their target price on shares of JD Sports Fashion from GBX 900 ($11.44) to GBX 925 ($11.75) and gave the stock a “buy” rating in a research note on Tuesday, February 20th.

JD Sports Fashion Trading Down 0.2 %

LON JD opened at GBX 120.50 ($1.53) on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.36 and a debt-to-equity ratio of 95.32. JD Sports Fashion has a 52 week low of GBX 103 ($1.31) and a 52 week high of GBX 177.75 ($2.26). The business has a 50 day moving average price of GBX 121.98 and a 200-day moving average price of GBX 126.87. The company has a market cap of £6.24 billion, a price-to-earnings ratio of 3,012.50, a P/E/G ratio of 0.96 and a beta of 1.57.

JD Sports Fashion Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 13th will be paid a GBX 0.60 ($0.01) dividend. The ex-dividend date is Thursday, June 13th. This is a positive change from JD Sports Fashion’s previous dividend of $0.30. This represents a dividend yield of 0.45%. JD Sports Fashion’s payout ratio is presently 2,500.00%.

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.