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American Eagle Outfitters (NYSE:AEO) was upgraded by stock analysts at Janney Montgomery Scott from a “neutral” rating to a “buy” rating in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm currently has a $15.00 price objective on the stock, up from their previous price objective of $10.00. Janney Montgomery Scott’s price target indicates a potential upside of 15.56% from the company’s current price.

AEO has been the subject of a number of other recent research reports. Analysts at SunTrust upgraded shares of American Eagle Outfitters from a “neutral” rating to a “buy” rating in a research note on Wednesday. Separately, analysts at Stifel Nicolaus reiterated a “hold” rating on shares of American Eagle Outfitters in a research note on Wednesday. Finally, analysts at Wunderlich initiated coverage on shares of American Eagle Outfitters in a research note on Tuesday, August 12th. They set a “hold” rating and a $11.00 price target on the stock. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $13.82.

Shares of American Eagle Outfitters (NYSE:AEO) traded up 3.04% on Thursday, hitting $13.375. 8,115,487 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’s 50-day moving average is $10.88 and its 200-day moving average is $11.84. The company has a market cap of $2.600 billion and a P/E ratio of 42.56. American Eagle Outfitters also was the recipient of some unusual options trading activity on Monday. Investors acquired 46,526 call options on the stock. This represents an increase of approximately 1,566% compared to the average 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 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 quarterly revenue was down 2.2% on a year-over-year basis. Analysts expect that American Eagle Outfitters will post $0.56 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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