JPMorgan Chase & Co. started coverage on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a research note issued to investors on Tuesday, AR Network reports. The brokerage set an “overweight” rating and a $21.00 price target on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 41.89{066dbc63777e5ed549f406789d72fdeebd77a32711d57f7b38ff2b35c4ba2a42} from the company’s previous close.
A number of other equities analysts have also recently weighed in on ASO. Bank of America started coverage on Academy Sports and Outdoors in a report on Tuesday. They issued a “buy” rating and a $24.00 price target for the company. Guggenheim began coverage on Academy Sports and Outdoors in a research report on Tuesday. They set a “buy” rating and a $17.00 price target for the company. Evercore ISI began coverage on Academy Sports and Outdoors in a research report on Tuesday. They set an “outperform” rating for the company. Finally, Stephens began coverage on Academy Sports and Outdoors in a research report on Tuesday. They set an “overweight” rating and a $17.50 price target for the company. Five equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of $19.88.
ASO opened at $14.80 on Tuesday. Academy Sports and Outdoors has a 1-year low of $12.05 and a 1-year high of $15.71.
About Academy Sports and Outdoors
Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. The company sells a range of sporting and outdoor recreation products, including sporting equipment, apparel, footwear, camping gear, patio furniture, outdoor cooking equipment, and hunting and fishing gears primarily under the Academy Sports + Outdoors, Magellan Outdoors, BCG, O’rageous, and Outdoor Gourmet brand names.
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