JD Sports Fashion plc (LON:JD) insider Peter Alan Cowgill sold 10,000,000 shares of JD Sports Fashion stock in a transaction that occurred on Thursday, January 13th. The shares were sold at an average price of GBX 213 ($2.89), for a total transaction of £21,300,000 ($28,912,718.88).
Shares of JD Sports Fashion stock traded down GBX 13.55 ($0.18) on Friday, hitting GBX 197.95 ($2.69). 32,554,250 shares of the company traded hands, compared to its average volume of 393,791. The company's 50-day simple moving average is GBX 601.36. The company has a current ratio of 1.39, a quick ratio of 0.84 and a debt-to-equity ratio of 113.17. The company has a market capitalization of £10.21 billion and a P/E ratio of 23.85. JD Sports Fashion plc has a 12-month low of GBX 149.40 ($2.03) and a 12-month high of GBX 235.70 ($3.20).
Several brokerages recently weighed in on JD. Barclays reissued an "overweight" rating and issued a GBX 240 ($3.26) price objective on shares of JD Sports Fashion in a research note on Friday. JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 300 ($4.07) price objective on shares of JD Sports Fashion in a report on Friday, January 7th. Shore Capital reiterated a "hold" rating on shares of JD Sports Fashion in a report on Tuesday. Peel Hunt reiterated an "add" rating and set a GBX 1,200 ($16.29) price objective on shares of JD Sports Fashion in a report on Wednesday, November 10th. Finally, Liberum Capital restated a "hold" rating and issued a GBX 1,000 ($13.57) target price on shares of JD Sports Fashion in a report on Thursday, November 11th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 547.50 ($7.43).
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, as well as distributes sports apparel and accessories, footwear and apparel, and rugby apparel and accessories.
Featured Article: How Investors Can Profit from Options Trading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider JD Sports Fashion, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JD Sports Fashion wasn't on the list.
While JD Sports Fashion currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here