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American Eagle Outfitters (NYSE:AEO)‘s stock had its “sell” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Thursday. They currently have a $10.00 price target on the stock, up from their previous price target of $9.00. Citigroup Inc.’s price target points to a potential downside of 22.96% from the company’s current price.

American Eagle Outfitters (NYSE:AEO) traded up 2.70% on Thursday, hitting $13.3299. 4,393,735 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 $2.591 billion and a P/E ratio of 42.56. American Eagle Outfitters also was the target of unusually large options trading activity on Monday. Traders acquired 46,526 call options on the company. This is an increase of approximately 1,566% compared to the typical daily volume of 2,793 call options.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $0.03 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 prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue 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.

A number of other analysts have also recently weighed in on AEO. Analysts at CRT Capital reiterated a “fairly valued” rating on shares of American Eagle Outfitters in a research note on Thursday. They now have a $13.00 price target on the stock, up previously from $11.00. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of American Eagle Outfitters in a research note on Thursday. They now have a $13.00 price target on the stock, up previously from $11.00. Finally, analysts at Mizuho raised their price target on shares of American Eagle Outfitters from $10.00 to $12.00 in a research note on Thursday. They now have a “buy” rating on the stock. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $14.16.

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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