BUZZ-JD Sports rises to 4.5 month high on Footlocker deal report

Reuters
05/15
BUZZ-JD Sports rises to 4.5 month high on Footlocker deal report

May 15 - ** 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

(Simone Lobo)

((Simone.Lobo@thomsonreuters.com, +919920570373))

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