Shore Capital reiterated their buy rating on shares of JD Sports Fashion (LON:JD) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.
JD has been the topic of several other research reports. Berenberg Bank upped their price objective on shares of JD Sports Fashion from GBX 700 ($9.15) to GBX 800 ($10.45) and gave the stock a buy rating in a report on Tuesday, September 10th. Peel Hunt restated a buy rating and set a GBX 700 ($9.15) price objective (up previously from GBX 650 ($8.49)) on shares of JD Sports Fashion in a report on Monday, September 9th. Peel Hunt restated a buy rating and set a GBX 650 ($8.49) price objective on shares of JD Sports Fashion in a report on Wednesday, July 3rd. UBS Group upped their price objective on shares of JD Sports Fashion from GBX 700 ($9.15) to GBX 790 ($10.32) and gave the stock a buy rating in a report on Friday, September 13th. Finally, Credit Suisse Group upped their price objective on shares of JD Sports Fashion from GBX 680 ($8.89) to GBX 786 ($10.27) and gave the stock an outperform rating in a report on Thursday, September 12th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of Buy and an average price target of GBX 734.33 ($9.60).
JD opened at GBX 694.40 ($9.07) on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.37 and a debt-to-equity ratio of 200.92. The company’s fifty day moving average price is GBX 631.64 and its two-hundred day moving average price is GBX 587.16. JD Sports Fashion has a 1-year low of GBX 318.50 ($4.16) and a 1-year high of GBX 730 ($9.54). The company has a market cap of $6.76 billion and a price-to-earnings ratio of 26.20.
The firm also recently disclosed a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, November 28th will be issued a dividend of GBX 0.28 ($0.00) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.04%. JD Sports Fashion’s payout ratio is 0.08%.
In other news, insider Peter Alan Cowgill bought 15,000 shares of JD Sports Fashion stock in a transaction dated Thursday, July 25th. The stock was purchased at an average price of GBX 613 ($8.01) per share, for a total transaction of £91,950 ($120,148.96).
About JD Sports Fashion
JD Sports Fashion Plc engages in the retail of branded sports fashionwear, and outdoor clothing and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company retails sports and fashion clothing, footwear, equipment, and sports and leisure goods, as well as distributes sports clothing and accessories, footwear and apparel, and rugby clothing and accessories.
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