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

Shore Capital restated their buy rating on shares of JD Sports Fashion (LON:JD) in a report published on Thursday morning, Marketbeat reports.

Separately, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.38) price objective on shares of JD Sports Fashion in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, JD Sports Fashion presently has an average rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.59).

JD Sports Fashion Stock Performance

Shares of JD Sports Fashion stock opened at GBX 93.46 ($1.17) on Thursday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The stock has a market capitalization of £4.84 billion, a price-to-earnings ratio of 934.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The stock has a fifty day simple moving average of GBX 134 and a 200 day simple moving average of GBX 128.34.

JD Sports Fashion Cuts Dividend

The company also recently announced 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. This represents a yield of 0.25%. The ex-dividend date is Thursday, November 7th. JD Sports Fashion’s payout ratio is 1,000.00%.

Insider Buying and Selling at JD Sports Fashion

In other JD Sports Fashion news, insider Andy Long bought 31,064 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average cost of GBX 96 ($1.20) per share, with a total value of £29,821.44 ($37,384.28). 51.91% of the stock is currently owned by corporate insiders.

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.