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JD Sports rises to 4.5 month high on Footlocker deal report

ReutersMay 15, 2025 8:17 AM

- Shares of sports retailer JD Sports JD.L up 3.5% at 93.18p, among top gainers on London's FTSE 100 .FTSE
London-listed co extends gains for 10 straight sessions
Shares highest since 31 December

Traders say shares are up on reports of Dick's Sporting Goods DKS.N nearing a deal to buy rival Footlocker FL.N
9 of the 18 analysts covering the stock have a "buy" or higher rating and 9 have "hold" ; median PT is 95p - LSEG data
Up to Wednesday's close, stock had fallen 6.53% so far this year

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