JD Sports Fashion’s (JD) Buy Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of JD Sports Fashion (LON:JD) in a research report released on Friday, MarketBeat.com reports.

A number of other research analysts have also issued reports on JD. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.40) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. JPMorgan Chase & Co. lowered JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.34) price objective for the company. in a report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, JD Sports Fashion currently has an average rating of “Moderate Buy” and an average target price of GBX 446 ($5.68).

JD Sports Fashion Stock Performance

Shares of JD opened at GBX 101.80 ($1.30) on Friday. The company’s 50-day moving average price is GBX 129.72 and its two-hundred day moving average price is GBX 127.83. The firm has a market capitalization of £5.27 billion, a P/E ratio of 1,034.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

JD Sports Fashion Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 7th will be paid a GBX 0.33 ($0.00) dividend. This represents a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 7th. JD Sports Fashion’s dividend payout ratio is currently 1,000.00%.

Insider Activity at JD Sports Fashion

In other news, insider Andy Long bought 31,064 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was acquired at an average price of GBX 96 ($1.22) per share, with a total value of £29,821.44 ($37,984.26). Company insiders own 51.91% of the company’s stock.

About JD Sports Fashion

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.