Credit Suisse Group Initiates Coverage on Academy Sports and Outdoors (NASDAQ:ASO)

Credit Suisse Group started coverage on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a research report issued on Tuesday, Stock Target Advisor reports. The firm set an “outperform” rating and a $20.00 price target on the stock. Credit Suisse Group’s target price would suggest a potential upside of 38.50{066dbc63777e5ed549f406789d72fdeebd77a32711d57f7b38ff2b35c4ba2a42} […]

Credit Suisse Group started coverage on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a research report issued on Tuesday, Stock Target Advisor reports. The firm set an “outperform” rating and a $20.00 price target on the stock. Credit Suisse Group’s target price would suggest a potential upside of 38.50{066dbc63777e5ed549f406789d72fdeebd77a32711d57f7b38ff2b35c4ba2a42} from the company’s current price.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. began coverage on Academy Sports and Outdoors in a research note on Tuesday. They set an “overweight” rating and a $21.00 price target on the stock. Evercore ISI started coverage on Academy Sports and Outdoors in a research note on Tuesday. They issued an “outperform” rating on the stock. Guggenheim started coverage on Academy Sports and Outdoors in a research note on Tuesday. They issued a “buy” rating and a $17.00 price objective on the stock. Stephens started coverage on Academy Sports and Outdoors in a research note on Tuesday. They issued an “overweight” rating and a $17.50 price objective on the stock. Finally, Bank of America started coverage on Academy Sports and Outdoors in a research note on Tuesday. They issued a “buy” rating and a $24.00 price objective on the stock. Seven research analysts have rated the stock with a buy rating, Academy Sports and Outdoors has a consensus rating of “Buy” and an average price target of $19.58.

Shares of ASO opened at $14.44 on Tuesday. Academy Sports and Outdoors has a 12-month low of $12.05 and a 12-month high of $15.71.

Academy Sports and Outdoors Company Profile

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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Analyst Recommendations for Academy Sports and Outdoors (NASDAQ:ASO)

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Academy Sports and Outdoors (NASDAQ:ASO) Coverage Initiated at Bank of America

Fri Oct 30 , 2020
Bank of America started coverage on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a report released on Tuesday, Stock Target Advisor reports. The brokerage set a “buy” rating and a $24.00 price target on the stock. Bank of America‘s price objective points to a potential upside of 61.29{066dbc63777e5ed549f406789d72fdeebd77a32711d57f7b38ff2b35c4ba2a42} from […]

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