JD Sports Fashion’s (JD) Sell Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their sell rating on shares of JD Sports Fashion (LON:JD) in a research note published on Friday, MarketBeat reports. The firm currently has a GBX 110 ($1.38) price objective on the stock.

A number of other equities analysts have also commented on JD. Shore Capital reiterated a “buy” rating on shares of JD Sports Fashion in a report on Thursday. JPMorgan Chase & Co. lowered JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price for the company. in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 446 ($5.59).

JD Sports Fashion Stock Performance

Shares of JD opened at GBX 93.46 ($1.17) on Friday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The company has a market cap of £4.84 billion, a PE ratio of 954.40, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The firm has a 50 day moving average price of GBX 134.99 and a two-hundred day moving average price of GBX 128.48.

JD Sports Fashion Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 7th will be issued a GBX 0.33 ($0.00) dividend. This represents a yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 7th. JD Sports Fashion’s payout ratio is 1,000.00%.

Insider Transactions at JD Sports Fashion

In other JD Sports Fashion news, insider Andy Long purchased 31,064 shares of JD Sports Fashion stock in a transaction that occurred on Thursday, November 21st. The stock was acquired at an average price of GBX 96 ($1.20) per share, with a total value of £29,821.44 ($37,384.28). Insiders own 51.91% of the company’s stock.

JD Sports Fashion Company Profile

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.