JD Sports Fashion (LON:JD) Given “Sell” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their sell rating on shares of JD Sports Fashion (LON:JD) in a report issued on Friday, Marketbeat.com reports. The firm currently has a GBX 110 ($1.38) price target on the stock.

A number of other research analysts also recently commented on JD. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Thursday, November 21st. JPMorgan Chase & Co. downgraded JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) price objective on the stock. in a report on Friday. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 446 ($5.60).

JD Sports Fashion Price Performance

Shares of LON JD opened at GBX 102.80 ($1.29) on Friday. The business’s fifty day moving average is GBX 134 and its 200-day moving average is GBX 128.49. 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 stock has a market cap of £5.33 billion, a P/E ratio of 934.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

JD Sports Fashion Cuts Dividend

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

Insider Activity

In other JD Sports Fashion news, insider Andy Long purchased 31,064 shares of JD Sports Fashion stock in a transaction dated Thursday, November 21st. The stock was acquired at an average cost of GBX 96 ($1.21) per share, with a total value of £29,821.44 ($37,454.71). 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.