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Aeropostale (NYSE:ARO)‘s stock had its “neutral” rating reaffirmed by Nomura in a research report issued to clients and investors on Friday. They currently have a $3.00 price objective on the stock, down from their previous price objective of $5.00. Nomura’s price objective would suggest a potential downside of 9.09% from the stock’s previous close.

A number of other firms have also recently commented on ARO. Analysts at Stephens initiated coverage on shares of Aeropostale in a research note on Friday, June 20th. They set an “equal weight” rating and a $3.50 price target on the stock. Separately, analysts at Piper Jaffray upgraded shares of Aeropostale from an “underweight” rating to a “neutral” rating in a research note on Tuesday, May 27th. Finally, analysts at Topeka Capital Markets cut their price target on shares of Aeropostale from $6.00 to $4.00 in a research note on Friday, May 23rd. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $6.29.

Aeropostale (NYSE:ARO) opened at 3.30 on Friday. Aeropostale has a 52-week low of $3.10 and a 52-week high of $13.59. The stock has a 50-day moving average of $3.32 and a 200-day moving average of $4.88. The company’s market cap is $259.5 million.

Aeropostale (NYSE:ARO) last issued its quarterly earnings data on Thursday, May 22nd. The company reported ($0.52) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.72) by $0.20. The company had revenue of $395.90 million for the quarter, compared to the consensus estimate of $410.04 million. During the same quarter last year, the company posted ($0.16) earnings per share. Aeropostale’s revenue was down 12.5% compared to the same quarter last year. Analysts expect that Aeropostale will post $-1.75 EPS for the current fiscal year.

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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