JD Sports Fashion Plc (LON:JD) Given Average Rating of “Moderate Buy” by Brokerages

Shares of JD Sports Fashion Plc (LON:JD) have earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 459.40 ($5.96).

Several brokerages recently weighed in on JD. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a research note on Friday. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 110 ($1.43) price target on shares of JD Sports Fashion in a research note on Friday, August 23rd.

JD Sports Fashion Stock Performance

Shares of JD opened at GBX 131.95 ($1.71) on Friday. The stock’s 50-day simple moving average is GBX 140.43 and its 200-day simple moving average is GBX 128.09. 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 firm has a market capitalization of £6.84 billion, a PE ratio of 1,319.50, a PEG ratio of 1.05 and a beta of 1.65.

JD Sports Fashion Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 7th will be issued 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 (DPR) is presently 1,000.00%.

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.