Bank of America Securities Reaffirms Their Buy Rating on Academy Sports and Outdoors (ASO)

Bank of America Securities analyst Robert Ohmes maintained a Buy rating on Academy Sports and Outdoors (ASO – Research Report) today and set a price target of $245.00. The company’s shares opened today at $65.11.

Ohmes covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Home Depot, and Yeti Holdings. According to TipRanks, Ohmes has an average return of 8.6% and a 59.94% success rate on recommended stocks.

Academy Sports and Outdoors has an analyst consensus of Strong Buy, with a price target consensus of $90.14, representing a 38.44% upside. In a report released yesterday, Wedbush also maintained a Buy rating on the stock with a $80.00 price target.

The company has a one-year high of $75.60 and a one-year low of $42.68. Currently, Academy Sports and Outdoors has an average volume of 1.33M.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ASO in relation to earlier this year.

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Academy Sports and Outdoors (ASO) Company Description:

Operating a chain of sporting goods stores, Academy Sports and Outdoors offers a broad range of hunting, fishing and camping equipment as well as sports and leisure products.