JD Sports Fashion Plc (LON:JD) Receives Average Recommendation of “Moderate Buy” from Brokerages

Posted by Defense World Staff on Oct 30th, 2023

Shares of JD Sports Fashion Plc (LON:JD – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 372.14 ($4.56).

JD has been the topic of several recent research reports. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Thursday, September 21st. JPMorgan Chase & Co. reduced their price target on shares of JD Sports Fashion from GBX 215 ($2.63) to GBX 210 ($2.57) and set an “overweight” rating on the stock in a report on Tuesday, July 4th.

Check Out Our Latest Stock Analysis on JD

JD Sports Fashion Trading Down 0.5 %

Shares of JD opened at GBX 126.10 ($1.54) on Monday. The company has a current ratio of 1.36, a quick ratio of 0.71 and a debt-to-equity ratio of 95.32. The firm’s 50-day moving average is GBX 139.34 and its two-hundred day moving average is GBX 149.25. JD Sports Fashion has a twelve month low of GBX 95.62 ($1.17) and a twelve month high of GBX 213.12 ($2.61). The firm has a market capitalization of £6.53 billion, a P/E ratio of 3,152.50, a PEG ratio of 0.81 and a beta of 1.60.

JD Sports Fashion Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 7th will be issued a GBX 0.30 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 0.23%. JD Sports Fashion’s dividend payout ratio (DPR) is presently 2,500.00%.

About JD Sports Fashion

(Get Free Report

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.