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Aeropostale (NYSE:ARO) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Friday, TheFlyOnTheWall.com reports. They currently have a $6.00 price target on the stock, down from their previous price target of $14.00. BMO Capital Markets’ price objective would indicate a potential downside of 9.09% from the stock’s previous close.

Aeropostale (NYSE:ARO) traded down 3.75% during mid-day trading on Friday, hitting $6.16. The stock had a trading volume of 4,375,317 shares. Aeropostale has a 52 week low of $6.28 and a 52 week high of $17.10. The stock’s 50-day moving average is $7.70 and its 200-day moving average is $9.35. The company’s market cap is $483.5 million.

Aeropostale (NYSE:ARO) last issued its quarterly earnings data on Wednesday, December 4th. The company reported ($0.33) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.24) by $0.09. The company had revenue of $514.60 million for the quarter, compared to the consensus estimate of $519.07 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was down 15.1% on a year-over-year basis. Analysts expect that Aeropostale will post $-1.10 EPS for the current fiscal year.

A number of other firms have also recently commented on ARO. Analysts at Zacks upgraded shares of Aeropostale from an “underperform” rating to a “neutral” rating in a research note on Tuesday, February 4th. They now have a $7.00 price target on the stock. Separately, analysts at Goldman Sachs upgraded shares of Aeropostale from a “sell” rating to a “neutral” rating in a research note on Wednesday, January 29th. They now have a $7.00 price target on the stock. Finally, analysts at Jefferies Group downgraded shares of Aeropostale from a “buy” rating to a “hold” rating in a research note on Thursday, January 2nd. They now have a $7.00 price target on the stock, down previously from $12.00. Two analysts have rated the stock with a sell rating, twenty have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.78.

Aeropostale, Inc, (NYSE:ARO) is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 4 to 12 year-old kids through its P.

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