JD Sports Fashion’s (JD) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of JD Sports Fashion (LON:JD) in a research note published on Thursday, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 110 ($1.39) price target on shares of JD Sports Fashion in a research note on Friday, August 23rd. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, JD Sports Fashion currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.62).

JD Sports Fashion Stock Down 2.1 %

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

JD Sports Fashion Cuts Dividend

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

Insiders Place Their Bets

In related news, insider Andy Long purchased 31,064 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was bought at an average cost 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 insiders.

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.