JD Sports Fashion plc (LON:JD) receives consensus recommendation of “Moderate Buy” from analysts


Shares of JD Sports Fashion plc (LON:JD – Get Rating) have received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 509.38 ($6.24).

A number of equities research analysts recently issued reports on JD shares. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 200 ($2.45) target price on shares of JD Sports Fashion in a research report on Monday, May 30th. Deutsche Bank Aktiengesellschaft reduced their target price on JD Sports Fashion from GBX 875 ($10.72) to GBX 735 ($9.01) and set a “buy” rating on the stock in a report on Thursday, July 14th. Barclays decreased their target price on JD Sports Fashion from GBX 240 ($2.94) to GBX 195 ($2.39) and set an “overweight” rating on the stock in a report on Monday, May 16th. Peel Hunt restated a “buy” rating and issued a GBX 280 ($3.43) price objective on shares of JD Sports Fashion in a research note on Tuesday, April 12th. Finally, JPMorgan Chase & Co. decreased their target price on JD Sports Fashion from GBX 210 ($2.57) to GBX 180 ($2.21) and set an “overweight” rating for the company in a research report on Tuesday, July 26th.

Sports fashion trade JD 2.7%

LON:JD opened at GBX 130.15 ($1.59) on Friday. JD Sports Fashion has a fifty-two week low of GBX 98.94 ($1.21) and a fifty-two week high of GBX 235.70 ($2.89). The company has a debt-to-equity ratio of 101.34, a current ratio of 1.42, and a quick ratio of 0.75. The stock has a market capitalization of £6.71 billion and a PE ratio of 1,859.29. The business’s 50-day simple moving average is GBX 122.28, and its 200-day simple moving average is GBX 141.67.

JD Sports Fashion cuts dividend

The business also recently disclosed a dividend, which was paid on Friday, August 5th. Shareholders of record on Thursday, July 7th were given a GBX 0.35 ($0.00) dividend. The ex-dividend date was Thursday, July 7th. This represents a dividend yield of 0.29%.

About JD Sports Fashion

(Get rating)

JD Sports Fashion plc engages in the retail sale of branded sports fashion and outerwear, footwear, accessories and equipment for children, women and men. It operates through Sport Fashion and Outdoor segments. The company also retails leisure goods, sporting goods, fishing equipment, watches, jewelry, camping goods, boats and bicycles, and distributes sports apparel and accessories, footwear and apparel.

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Analyst Recommendations for JD Sports Fashion (LON:JD)

This instant news alert was created from scientific narrative technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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