JD Sports Fashion (LON:JD) had its price target raised by Berenberg Bank from GBX 700 ($9.15) to GBX 800 ($10.45) in a research note issued to investors on Tuesday, Digital Look reports. The firm currently has a buy rating on the stock.
A number of other equities analysts also recently commented on JD. Shore Capital restated a buy rating on shares of JD Sports Fashion in a report on Tuesday. Peel Hunt restated a buy rating and issued 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. Peel Hunt restated a buy rating and issued a GBX 650 ($8.49) price objective on shares of JD Sports Fashion in a report on Wednesday, July 3rd. Credit Suisse Group restated an outperform rating on shares of JD Sports Fashion in a report on Wednesday, August 14th. Finally, UBS Group restated a buy rating on shares of JD Sports Fashion in a report on Friday, August 2nd. Seven analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average target price of GBX 727.20 ($9.50).
LON:JD opened at GBX 711.80 ($9.30) on Tuesday. The stock’s 50 day moving average price is GBX 616.02 and its 200 day moving average price is GBX 576.98. JD Sports Fashion has a 52 week low of GBX 318.50 ($4.16) and a 52 week high of GBX 653.20 ($8.54). The company has a market capitalization of $6.91 billion and a P/E ratio of 26.46. The company has a debt-to-equity ratio of 11.70, a quick ratio of 0.37 and a current ratio of 1.32.
The company also recently disclosed a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, November 28th will be issued a GBX 0.28 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.04%. JD Sports Fashion’s dividend payout ratio is currently 0.07%.
In other news, insider Peter Alan Cowgill acquired 15,000 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The shares were 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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