JPMorgan Chase & Co. Initiates Coverage on Academy Sports and Outdoors (NASDAQ:ASO)

Equities researchers at JPMorgan Chase & Co. initiated coverage on shares of Academy Sports and Outdoors (NASDAQ:ASO) in a report released on Tuesday, Analyst Ratings Network reports. The firm set an “overweight” rating and a $21.00 price target on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 41.13{066dbc63777e5ed549f406789d72fdeebd77a32711d57f7b38ff2b35c4ba2a42} from the company’s previous close.

ASO has been the topic of several other reports. Bank of America initiated coverage on Academy Sports and Outdoors in a research note on Tuesday. They set a “buy” rating and a $24.00 target price on the stock. Guggenheim initiated coverage on Academy Sports and Outdoors in a report on Tuesday. They set a “buy” rating and a $17.00 price target on the stock. Stephens initiated coverage on Academy Sports and Outdoors in a report on Tuesday. They issued an “overweight” rating and a $17.50 target price on the stock. Finally, Evercore ISI initiated coverage on Academy Sports and Outdoors in a report on Tuesday. They issued an “outperform” rating on the stock. Seven equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $19.58.

ASO stock opened at $14.88 on Tuesday. Academy Sports and Outdoors has a fifty-two week low of $12.05 and a fifty-two week 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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