JD Sports Fashion plc (LON:JD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of JD Sports Fashion plc (LON:JD – Get Rating) received a consensus rating of “moderate buy” from the ten brokerages that currently cover the business, Marketbeat reports. Two research analysts gave the stock a hold rating and eight gave the company a buy rating. The 12-month average price target among analysts who have reported on the stock over the past year is 509.38 GBX ($6.24).

A number of equity research analysts have recently released JD stock reports. Royal Bank of Canada reissued an “outperform” rating and released a target price of GBX 200 ($2.45) on JD Sports Fashion shares in a research report on Monday, May 30. Deutsche Bank Aktiengesellschaft lowered its price target on JD Sports Fashion from 875 GBX ($10.72) to 735 GBX ($9.01) and set a “buy” rating on the stock in a Thursday 14 report. July. Barclays lowered its price target on JD Sports Fashion from 240 GBX ($2.94) to 195 GBX ($2.39) and set an “overweight” rating on the stock in a Monday May 16 report. Peel Hunt reworded a “buy” rating and issued a GBX 280 ($3.43) price target on JD Sports Fashion shares in a research note on Tuesday, April 12. Finally, JPMorgan Chase & Co. cut its price target on JD Sports Fashion from GBX 210 ($2.57) to GBX 180 ($2.21) and set an “overweight” rating for the company in a report. research on Tuesday, July 26.

JD Sports Fashion is trading down 2.7%

LON: JD opened at GBX 130.15 ($1.59) on Friday. JD Sports Fashion has a fifty-two week minimum of 98.94 GBX ($1.21) and a fifty-two week maximum of 235.70 GBX ($2.89). The company has a debt ratio of 101.34, a current ratio of 1.42 and a quick ratio of 0.75. The stock has a market capitalization of £6.71 billion and a PE ratio of 1,859.29. The company’s 50-day simple moving average is 122.28 GBX and its 200-day simple moving average is 141.67 GBX.

JD Sports Fashion cuts dividend

A d Invest daily

27 US cities where stocks earn 26% a year

What is the most productive stock you have ever owned? Dividends from these stocks have grown so rapidly over the years that they now earn us an average of 26%! When you start getting paid 26% on your money, your financial troubles tend to evaporate.

The company also recently disclosed a dividend, which was paid on Friday, August 5. Shareholders of record on Thursday, July 7 received a dividend of 0.35 GBX ($0.00). The ex-dividend date was Thursday July 7th. This represents a dividend yield of 0.29%.

About JD Sports Mode

(Get a rating)

JD Sports Fashion plc is engaged in the retail sale of brand name sports and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through Sports Fashion and Outdoor segments. The company also sells leisure goods, sporting goods, fishing equipment, watches, jewelry, camping goods, boats and bicycles, as well as sports apparel and accessories, shoes and clothes.

See also

Analyst Recommendations for JD Sports Fashion (LON:JD)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in JD Sports Fashion right now?

Before you consider JD Sports Fashion, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and JD Sports Fashion didn’t make the list.

While JD Sports Fashion currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

.

Leave a Comment