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American Eagle Outfitters (NYSE:AEO) was downgraded by investment analysts at Citigroup Inc. from a “neutral” rating to a “sell” rating in a note issued to investors on Thursday, reports.

A number of other firms have also recently commented on AEO. Analysts at Nomura reiterated a “neutral” rating on shares of American Eagle Outfitters in a research note on Thursday. They now have a $11.00 price target on the stock, down previously from $13.00. Separately, analysts at Brean Capital cut their price target on shares of American Eagle Outfitters from $20.00 to $14.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated an “underperform” rating on shares of American Eagle Outfitters in a research note on Tuesday, April 15th. They now have a $10.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $14.87.

American Eagle Outfitters (NYSE:AEO) traded down 2.26% during mid-day trading on Thursday, hitting $10.36. 3,269,948 shares of the company’s stock traded hands. American Eagle Outfitters has a one year low of $10.50 and a one year high of $20.32. The stock has a 50-day moving average of $11.47 and a 200-day moving average of $13.61. The company has a market cap of $2.008 billion and a price-to-earnings ratio of 24.65. American Eagle Outfitters also saw some unusual options trading activity on Monday. Stock investors purchased 8,225 put options on the stock. This is an increase of 514% compared to the typical daily volume of 1,340 put options.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, May 21st. The company reported $0.02 earnings per share for the quarter. The company had revenue of $646.00 million for the quarter, compared to the consensus estimate of $648.73 million. During the same quarter last year, the company posted $0.18 earnings per share. American Eagle Outfitters’s revenue was down 4.8% compared to the same quarter last year. On average, analysts predict that American Eagle Outfitters will post $0.64 earnings per share for the current fiscal year.

American Eagle Outfitters, Inc (NYSE:AEO) is a specialty retailer that operates in the United Sates and Canada, and online at ae.

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