JD Sports Fashion Plc (LON:JD) Receives GBX 446 Consensus Target Price from Analysts

Shares of JD Sports Fashion Plc (LON:JD) have earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 446 ($5.57).

A number of equities analysts have commented on JD shares. Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.31) target price on the stock. in a report on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 110 ($1.37) target price on shares of JD Sports Fashion in a research note on Friday, November 22nd.

Insider Buying and Selling

In other news, insider Andy Long bought 31,064 shares of the stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of GBX 96 ($1.20) per share, for a total transaction of £29,821.44 ($37,272.14). 51.91% of the stock is currently owned by corporate insiders.

JD Sports Fashion Stock Down 0.3 %

LON:JD opened at GBX 97.10 ($1.21) on Friday. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The firm has a market capitalization of £5.03 billion, a price-to-earnings ratio of 971.00, a PEG ratio of 1.05 and a beta of 1.65. The company has a 50 day moving average price of GBX 116.86 and a 200-day moving average price of GBX 125.70.

JD Sports Fashion Cuts Dividend

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

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.