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

JD Sports Fashion Plc (LON:JD) has received an average rating of “Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 479.40 ($6.10).

A number of brokerages have recently weighed in on JD. Barclays upped their price target on shares of JD Sports Fashion from GBX 150 ($1.91) to GBX 165 ($2.10) and gave the stock an “overweight” rating in a research note on Wednesday, April 3rd. Citigroup reissued a “buy” rating and issued a GBX 925 ($11.78) price target on shares of JD Sports Fashion in a report on Tuesday, April 23rd. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 172 ($2.19) target price on shares of JD Sports Fashion in a research note on Tuesday, June 11th. Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a research report on Wednesday, May 29th. Finally, Jefferies Financial Group increased their price objective on JD Sports Fashion from GBX 900 ($11.46) to GBX 925 ($11.78) and gave the company a “buy” rating in a research report on Tuesday, February 20th.

JD Sports Fashion Stock Performance

Shares of LON JD opened at GBX 120.75 ($1.54) on Tuesday. JD Sports Fashion has a 12-month low of GBX 103 ($1.31) and a 12-month high of GBX 177.75 ($2.26). 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 company has a market cap of £6.25 billion, a PE ratio of 3,018.75, a P/E/G ratio of 0.96 and a beta of 1.57. The stock has a 50 day simple moving average of GBX 122.09 and a 200-day simple moving average of GBX 127.28.

JD Sports Fashion Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 13th will be paid a dividend of GBX 0.60 ($0.01) per share. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, June 13th. This is an increase from JD Sports Fashion’s previous dividend of $0.30. JD Sports Fashion’s dividend payout ratio is 2,500.00%.

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.