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Stock analysts at Wunderlich assumed coverage on shares of American Eagle Outfitters (NYSE:AEO) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “hold” rating and a $11.00 price target on the stock. Wunderlich’s price objective indicates a potential downside of 2.83% from the stock’s previous close.

American Eagle Outfitters (NYSE:AEO) opened at 11.32 on Tuesday. American Eagle Outfitters has a one year low of $10.12 and a one year high of $17.18. The stock’s 50-day moving average is $10.91 and its 200-day moving average is $11.94. The company has a market cap of $2.201 billion and a price-to-earnings ratio of 37.11.

American Eagle Outfitters (NYSE:AEO) last released its earnings data on Wednesday, May 21st. The company reported $0.02 earnings per share (EPS) 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 in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was down 4.8% on a year-over-year basis. Analysts expect that American Eagle Outfitters will post $0.54 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital Markets raised their price target on shares of American Eagle Outfitters from $11.49 to $17.00 in a research note on Friday, June 27th. They now have an “outperform” rating on the stock. Separately, analysts at Stephens initiated coverage on shares of American Eagle Outfitters in a research note on Friday, June 20th. They set an “equal weight” rating and a $12.00 price target on the stock. Finally, analysts at CRT Capital initiated coverage on shares of American Eagle Outfitters in a research note on Thursday, June 12th. They set a “fair value” rating and a $11.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $13.96.

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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