JD Sports Fashion Plc (LON:JD) Receives GBX 459.40 Consensus Price Target from Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have received a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 446 ($5.61).

A number of equities analysts have recently weighed in on JD shares. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 110 ($1.38) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd. Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a research note on Thursday, November 21st. Finally, JPMorgan Chase & Co. lowered shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) price target for the company. in a research report on Friday, November 22nd.

Insider Buying and Selling

In related news, insider Andy Long acquired 31,064 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was bought at an average cost of GBX 96 ($1.21) per share, with a total value of £29,821.44 ($37,487.67). 51.91% of the stock is currently owned by company insiders.

JD Sports Fashion Stock Down 1.6 %

Shares of LON:JD opened at GBX 101.15 ($1.27) on Wednesday. The stock has a market capitalization of £5.24 billion, a PE ratio of 1,028.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The firm’s 50-day moving average is GBX 132.89 and its 200 day moving average is GBX 128.33. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

JD Sports Fashion Cuts Dividend

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

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.