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BMO Capital Markets boosted their price target on shares of American Eagle Outfitters (NYSE:AEO) from $11.00 to $12.00 in a research note issued on Thursday. BMO Capital Markets’ price objective points to a potential downside of 7.55% from the stock’s previous close.

A number of other firms have also recently commented on AEO. Analysts at S&P Equity Research raised their price target on shares of American Eagle Outfitters to $4.34 in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Oppenheimer reiterated a “market perform” rating on shares of American Eagle Outfitters in a research note on Thursday. They now have a $12.00 price target on the stock, up previously from $11.00. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of American Eagle Outfitters in a research note on Thursday. They now have a $10.00 price target on the stock, up previously from $9.00. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $13.82.

American Eagle Outfitters (NYSE:AEO) traded up 3.16% on Thursday, hitting $13.39. 7,827,407 shares of the company’s stock traded hands. American Eagle Outfitters has a 52 week low of $10.12 and a 52 week high of $16.95. The stock has a 50-day moving average of $10.88 and a 200-day moving average of $11.84. The company has a market cap of $2.603 billion and a P/E ratio of 42.56. American Eagle Outfitters also was the target of unusually large options trading on Monday. Stock traders acquired 46,526 call options on the company. This represents an increase of approximately 1,566% compared to the typical daily volume of 2,793 call options.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, August 20th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $711.00 million for the quarter, compared to the consensus estimate of $689.95 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts predict that American Eagle Outfitters will post $0.56 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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