American Eagle Outfitters, Inc. (NYSE:AEO) received a $14.00 price target from equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the apparel retailer’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 20.90% from the company’s previous close.

A number of other research firms also recently commented on AEO. Vetr downgraded American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $16.67 price objective on the stock. in a report on Thursday, March 2nd. B. Riley restated a “neutral” rating and issued a $12.50 price objective on shares of American Eagle Outfitters in a report on Thursday, May 18th. SunTrust Banks, Inc. restated a “buy” rating and issued a $15.00 price objective (down previously from $19.00) on shares of American Eagle Outfitters in a report on Friday, May 19th. FBR & Co dropped their price objective on American Eagle Outfitters from $17.00 to $15.00 and set a “mkt perform” rating on the stock in a report on Thursday, March 2nd. Finally, Wolfe Research dropped their price objective on American Eagle Outfitters from $16.00 to $14.00 and set a “peer perform” rating on the stock in a report on Thursday, March 2nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $16.11.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

Shares of American Eagle Outfitters (NYSE AEO) traded up 0.09% during midday trading on Monday, hitting $11.59. 2,964,151 shares of the stock were exchanged. The stock’s 50-day moving average price is $12.27 and its 200 day moving average price is $14.32. The stock has a market cap of $2.05 billion, a P/E ratio of 10.72 and a beta of 1.10. American Eagle Outfitters has a one year low of $10.56 and a one year high of $19.55.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, May 17th. The apparel retailer reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. The firm had revenue of $761.80 million for the quarter, compared to analysts’ expectations of $741.76 million. During the same period in the prior year, the company posted $0.22 earnings per share. American Eagle Outfitters’s quarterly revenue was up 1.7% compared to the same quarter last year. On average, analysts anticipate that American Eagle Outfitters will post $1.10 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 21st. Investors of record on Friday, July 7th will be given a $0.125 dividend. The ex-dividend date is Wednesday, July 5th. This represents a $0.50 dividend on an annualized basis and a yield of 4.32%. American Eagle Outfitters’s payout ratio is 46.30%.

ILLEGAL ACTIVITY NOTICE: “Royal Bank Of Canada Analysts Give American Eagle Outfitters, Inc. (AEO) a $14.00 Price Target” was first reported by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/06/19/royal-bank-of-canada-analysts-give-american-eagle-outfitters-inc-aeo-a-14-00-price-target.html.

Hedge funds have recently made changes to their positions in the company. Glen Harbor Capital Management LLC raised its stake in shares of American Eagle Outfitters by 2.2% in the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after buying an additional 154 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of American Eagle Outfitters by 58.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock worth $109,000 after buying an additional 2,877 shares during the last quarter. Elkfork Partners LLC raised its stake in shares of American Eagle Outfitters by 2.2% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock worth $129,000 after buying an additional 196 shares during the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of American Eagle Outfitters during the first quarter worth approximately $147,000. Finally, Verity Asset Management Inc. purchased a new stake in shares of American Eagle Outfitters during the first quarter worth approximately $152,000. Hedge funds and other institutional investors own 90.56% of the company’s stock.

About American Eagle Outfitters

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

Receive News & Ratings for American Eagle Outfitters Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters Inc. and related companies with MarketBeat.com's FREE daily email newsletter.