JD Sports Fashion (LON:JD) Cut to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of JD Sports Fashion (LON:JD) to a neutral rating in a research note published on Friday morning, MarketBeat Ratings reports. They currently have GBX 105 ($1.32) price target on the stock.

JD has been the subject of several other reports. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 110 ($1.39) price target on shares of JD Sports Fashion in a research report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 446 ($5.62).

JD Sports Fashion Trading Down 2.1 %

LON JD opened at GBX 93.46 ($1.18) on Friday. 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 company has a market capitalization of £4.84 billion, a P/E ratio of 934.60, a PEG ratio of 1.05 and a beta of 1.65. The firm has a 50 day moving average of GBX 134 and a 200-day moving average of GBX 128.49.

JD Sports Fashion Cuts Dividend

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

Insider Buying and Selling at JD Sports Fashion

In other JD Sports Fashion news, insider Andy Long acquired 31,064 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were purchased at an average price of GBX 96 ($1.21) per share, for a total transaction of £29,821.44 ($37,553.76). Corporate 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.