American Eagle Outfitters (AEO) Receives Average Recommendation of “Hold” from Analysts
Shares of American Eagle Outfitters (NYSE:AEO) have been assigned a consensus rating of “Hold” from the twenty-four ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $14.78.
Several research firms have weighed in on AEO. SunTrust Banks set a $15.00 target price on American Eagle Outfitters and gave the stock a “buy” rating in a report on Thursday, August 24th. FBR & Co reiterated a “buy” rating and set a $15.00 target price (up from $13.00) on shares of American Eagle Outfitters in a report on Tuesday, September 5th. B. Riley reiterated a “buy” rating on shares of American Eagle Outfitters in a report on Wednesday, November 1st. Cowen set a $14.00 target price on American Eagle Outfitters and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Finally, Buckingham Research reiterated a “neutral” rating on shares of American Eagle Outfitters in a report on Thursday, August 24th.
In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of American Eagle Outfitters stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $14.22, for a total value of $191,970.00. Following the sale, the insider now owns 27,531 shares of the company’s stock, valued at approximately $391,490.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.90% of the company’s stock.
American Eagle Outfitters (NYSE AEO) traded down $0.36 during trading hours on Thursday, hitting $16.08. The stock had a trading volume of 6,794,209 shares, compared to its average volume of 4,470,762. American Eagle Outfitters has a 1-year low of $10.23 and a 1-year high of $18.93. The company has a market cap of $2,822.16, a price-to-earnings ratio of 13.86, a P/E/G ratio of 1.61 and a beta of 1.10.
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American Eagle Outfitters Company Profile
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.
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