JPMorgan Chase & Co. downgraded shares of JD Sports Fashion (LON:JD - Free Report) to a neutral rating in a research report sent to investors on Friday, Marketbeat reports. They currently have GBX 105 ($1.32) price objective on the stock.
A number of other brokerages have also recently commented on JD. Deutsche Bank Aktiengesellschaft reiterated a "sell" rating and issued a GBX 110 ($1.38) target price on shares of JD Sports Fashion in a research report on Friday, August 23rd. Shore Capital restated a "buy" rating on shares of JD Sports Fashion in a research report on Thursday. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 446 ($5.59).
Read Our Latest Stock Analysis on JD Sports Fashion
JD Sports Fashion Price Performance
Shares of JD stock traded down GBX 17.51 ($0.22) during mid-day trading on Friday, hitting GBX 95.44 ($1.20). 60,617,076 shares of the stock traded hands, compared to its average volume of 393,791. The stock's 50-day moving average price is GBX 134.99 and its two-hundred day moving average price is GBX 128.48. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The stock has a market capitalization of £4.94 billion, a PE ratio of 954.40, a P/E/G ratio of 1.05 and a beta of 1.65.
JD Sports Fashion Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be paid a dividend of GBX 0.33 ($0.00) per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a dividend yield of 0.25%. JD Sports Fashion's dividend payout ratio is presently 1,000.00%.
Insider Transactions at JD Sports Fashion
In other JD Sports Fashion news, insider Andy Long bought 31,064 shares of JD Sports Fashion stock in a transaction dated Thursday, November 21st. The stock was bought at an average price of GBX 96 ($1.20) per share, for a total transaction of £29,821.44 ($37,384.28). Company insiders own 51.91% of the company's stock.
About JD Sports Fashion
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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.
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