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

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

Several other research analysts also recently commented on JD. JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.28) price objective on the stock. in a research note on Friday, November 22nd. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.34) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 446 ($5.45).

JD Sports Fashion Stock Performance

Shares of JD Sports Fashion stock opened at GBX 96.30 ($1.18) on Tuesday. The company has a market cap of £4.99 billion, a PE ratio of 963.00, a P/E/G 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. The business has a 50 day moving average of GBX 104.03 and a two-hundred day moving average of GBX 121.99.

JD Sports Fashion Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 7th were given a dividend of GBX 0.33 ($0.00) per share. This represents a dividend yield of 0.25%. The ex-dividend date was Thursday, November 7th. JD Sports Fashion’s dividend payout ratio is currently 1,000.00%.

Insider Buying and Selling

In related news, insider Andy Long bought 31,064 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average cost of GBX 96 ($1.17) per share, with a total value of £29,821.44 ($36,407.57). 51.91% of the stock is owned by insiders.

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.