JD Sports Fashion (JD) Receives New Coverage from Analysts at Berenberg Bank

Berenberg Bank started coverage on shares of JD Sports Fashion (LON:JD) in a report released on Monday, November 12th. The firm issued a buy rating and a GBX 530 ($6.93) price objective on the stock.

Several other equities research analysts have also commented on the stock. Barclays boosted their price target on shares of JD Sports Fashion from GBX 510 ($6.66) to GBX 570 ($7.45) and gave the stock an overweight rating in a report on Wednesday, September 12th. Shore Capital reissued a buy rating on shares of JD Sports Fashion in a report on Tuesday, September 11th. Finally, Peel Hunt reissued a buy rating on shares of JD Sports Fashion in a report on Tuesday, September 11th.

Shares of JD traded down GBX 1.60 ($0.02) during trading hours on Monday, hitting GBX 363.50 ($4.75). The stock had a trading volume of 913,191 shares, compared to its average volume of 1,330,000. JD Sports Fashion has a fifty-two week low of GBX 300.20 ($3.92) and a fifty-two week high of GBX 462 ($6.04).

The firm also recently announced a dividend, which will be paid on Friday, January 4th. Stockholders of record on Thursday, November 29th will be issued a dividend of GBX 0.27 ($0.00) per share. This represents a dividend yield of 0.05%. The ex-dividend date of this dividend is Thursday, November 29th.

In other news, insider Peter Alan Cowgill acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 16th. The stock was purchased at an average price of GBX 410 ($5.36) per share, with a total value of £41,000 ($53,573.76).

About JD Sports Fashion

JD Sports Fashion Plc engages in the retail of branded sports fashionwear, and outdoor clothing and equipment. It operates through Sports Fashion and Outdoor segments. The company retails sports and fashion clothing, footwear, 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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