Investec Reaffirms “Buy” Rating for JD Sports Fashion PLC (JD)
A number of other brokerages have also recently issued reports on JD. Shore Capital reissued a buy rating on shares of JD Sports Fashion PLC in a report on Wednesday, May 24th. Peel Hunt lifted their price objective on JD Sports Fashion PLC from GBX 480 ($6.20) to GBX 500 ($6.46) and gave the company a buy rating in a report on Tuesday, May 23rd. Barclays PLC reissued an overweight rating and set a GBX 475 ($6.13) price objective on shares of JD Sports Fashion PLC in a report on Monday, June 19th. Finally, Beaufort Securities reissued a buy rating on shares of JD Sports Fashion PLC in a report on Wednesday, September 13th. Five investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus target price of GBX 483.33 ($6.24).
JD Sports Fashion PLC (JD) opened at 383.30 on Friday. JD Sports Fashion PLC has a 52-week low of GBX 282.40 and a 52-week high of GBX 462.00. The company’s market cap is GBX 3.73 billion. The stock’s 50 day moving average is GBX 346.71 and its 200 day moving average is GBX 388.81.
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The business also recently disclosed a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, November 30th will be issued a dividend of GBX 0.26 ($0.00) per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a dividend yield of 0.07%.
In other JD Sports Fashion PLC news, insider Brian Small bought 10,000 shares of the stock in a transaction dated Friday, June 30th. The stock was bought at an average cost of GBX 361 ($4.66) per share, for a total transaction of £36,100 ($46,622.76). Also, insider Peter Alan Cowgill bought 30,000 shares of the stock in a transaction dated Wednesday, July 5th. The stock was acquired at an average price of GBX 352 ($4.55) per share, with a total value of £105,600 ($136,381.25).
About JD Sports Fashion PLC
JD Sports Fashion Plc is a multichannel retailer of sports fashion and outdoor brands. The Company’s segments are Sports Fashion and Outdoor. The Company’s sports fashion brands include JD, Size?, Chausport, Sprinter, Getthelabel.com, Kooga, Kukri Sports, Source Lab, Scotts, Tessuti, Cloggs, JD Gyms and Nicholas Deakins.
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