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Research analysts at S&P Equity Research upped their price objective on shares of American Eagle Outfitters (NYSE:AEO) to $4.34 in a report released on Thursday. The firm currently has a “hold” rating on the stock. S&P Equity Research’s target price points to a potential downside of 66.56% from the company’s current price.

Shares of American Eagle Outfitters (NYSE:AEO) traded up 2.70% on Thursday, hitting $13.33. 6,235,073 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 price-to-earnings ratio of 42.56. American Eagle Outfitters also was the recipient of some unusual options trading on Monday. Stock traders purchased 46,526 call options on the stock. This is an increase of 1,566% compared to the typical daily volume of 2,793 call options.

American Eagle Outfitters (NYSE:AEO) last released its 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. Analysts expect that American Eagle Outfitters will post $0.56 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on AEO. 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. Separately, 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. Finally, 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. 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 stock. The stock has an average rating of “Hold” and a consensus target price of $13.78.

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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