JD Sports Fashion Plc (LON:JD – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 125.18 ($1.59) and traded as high as GBX 130.60 ($1.66). JD Sports Fashion shares last traded at GBX 127.05 ($1.61), with a volume of 6,183,249 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages have weighed in on JD. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 172 ($2.18) target price on shares of JD Sports Fashion in a research report on Tuesday, June 11th. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Wednesday, May 29th. Citigroup reissued a “buy” rating and issued a GBX 925 ($11.73) target price on shares of JD Sports Fashion in a report on Tuesday, April 23rd. Finally, Barclays lifted their price target on JD Sports Fashion from GBX 150 ($1.90) to GBX 165 ($2.09) and gave the stock an “overweight” rating in a research note on Wednesday, April 3rd. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 479.40 ($6.08).
Read Our Latest Analysis on JD Sports Fashion
JD Sports Fashion Price Performance
JD Sports Fashion Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 13th will be given a dividend of GBX 0.60 ($0.01) per share. This represents a dividend yield of 0.45%. This is a positive change from JD Sports Fashion’s previous dividend of $0.30. The ex-dividend date of this dividend is Thursday, June 13th. JD Sports Fashion’s payout ratio is presently 2,500.00%.
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.
Read More
- Five stocks we like better than JD Sports Fashion
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Stock Impact: McDonald’s Price War with Starbucks, Wendy’s
- What is the Dow Jones Industrial Average (DJIA)?
- General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
- Find and Profitably Trade Stocks at 52-Week Lows
- Enovix Stock Rises 35% in Short-Squeeze: This Rally Has Legs
Receive News & Ratings for JD Sports Fashion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD Sports Fashion and related companies with MarketBeat.com's FREE daily email newsletter.