JD Sports Fashion (LON:JD) Given “Sell” Rating at Deutsche Bank Aktiengesellschaft

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

JD has been the subject of several other research reports. 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) price target for the company. in a research note on Friday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, JD Sports Fashion currently has an average rating of “Moderate Buy” and an average target price of GBX 446 ($5.62).

JD Sports Fashion Price Performance

LON JD opened at GBX 93.46 ($1.18) on Friday. The firm has a market capitalization 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 business’s 50 day simple moving average is GBX 134 and its 200 day simple moving average is GBX 128.49. 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 declared a dividend, which will be paid on Friday, December 6th. Investors 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 payout ratio is currently 1,000.00%.

Insiders Place Their Bets

In other news, insider Andy Long purchased 31,064 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average cost 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.

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.