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American Eagle Outfitters (NYSE:AEO) has earned an average rating of “Hold” from the twenty-nine analysts that are presently covering the stock, AmericanBankingNews.com reports. Three investment analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $13.96.

Several analysts have recently commented on the stock. Analysts at Wunderlich initiated coverage on shares of American Eagle Outfitters in a research note on Tuesday. They set a “hold” rating and a $11.00 price target on the stock. Separately, 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. Finally, 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.

American Eagle Outfitters (NYSE:AEO) traded down 2.64% during mid-day trading on Wednesday, hitting $10.885. The stock had a trading volume of 918,215 shares. American Eagle Outfitters has a 52 week low of $10.12 and a 52 week high of $17.04. The stock has a 50-day moving average of $10.90 and a 200-day moving average of $11.92. The company has a market cap of $2.116 billion and a P/E ratio of 36.66.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data 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. Analysts expect that American Eagle Outfitters will post $0.53 EPS 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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