JD Sports Fashion’s (JD) “Sell” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their sell rating on shares of JD Sports Fashion (LON:JD) in a research report report published on Friday morning, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 110 ($1.39) target price on the stock.

A number of other equities research analysts have also recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a research note on Thursday. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price for the company. in a report on Friday. One research 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 446 ($5.62).

JD Sports Fashion Trading Down 2.1 %

JD opened at GBX 93.46 ($1.18) on Friday. The company has a 50 day moving average of GBX 134 and a two-hundred day moving average of GBX 128.49. The company has a market cap of £4.84 billion, a PE ratio of 934.60, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23.

JD Sports Fashion Cuts Dividend

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

Insider Activity

In other news, insider Andy Long acquired 31,064 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were bought at an average price of GBX 96 ($1.21) per share, with a total value of £29,821.44 ($37,553.76). 51.91% of the stock is currently owned by corporate insiders.

JD Sports Fashion Company Profile

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.