JD Sports Fashion (LON:JD) Reaches New 1-Year High at $782.40

JD Sports Fashion PLC (LON:JD) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 782.40 ($10.22) and last traded at GBX 776.40 ($10.15), with a volume of 75252 shares. The stock had previously closed at GBX 775 ($10.13).

A number of brokerages have issued reports on JD. Peel Hunt reaffirmed a “buy” rating and set a GBX 800 ($10.45) price target on shares of JD Sports Fashion in a report on Tuesday. UBS Group began coverage on JD Sports Fashion in a report on Wednesday, October 9th. They set a “buy” rating and a GBX 790 ($10.32) price target for the company. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Tuesday, October 1st. Peel Hunt reaffirmed a “buy” rating and set a GBX 800 ($10.45) price target on shares of JD Sports Fashion in a report on Tuesday. Finally, Berenberg Bank lifted their price target on 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. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 776 ($10.14).

The company has a market capitalization of $7.52 billion and a PE ratio of 29.06. 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 stock has a fifty day simple moving average of GBX 704.04 and a 200-day simple moving average of GBX 623.60.

The firm also recently declared 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. This represents a yield of 0.04%. The ex-dividend date of this dividend is Thursday, November 28th. JD Sports Fashion’s dividend payout ratio (DPR) 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 acquired at an average cost of GBX 613 ($8.01) per share, with a total value of £91,950 ($120,148.96).

About JD Sports Fashion (LON:JD)

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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