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.

Several institutional investors and hedge funds have recently added to or reduced their stakes in AEO. Oregon Public Employees Retirement Fund raised its stake in shares of American Eagle Outfitters by 4.3% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 63,158 shares of the apparel retailer’s stock valued at $761,000 after purchasing an additional 2,583 shares during the period. LS Investment Advisors LLC raised its stake in shares of American Eagle Outfitters by 17.7% in the 2nd quarter. LS Investment Advisors LLC now owns 13,558 shares of the apparel retailer’s stock valued at $163,000 after purchasing an additional 2,036 shares during the period. Louisiana State Employees Retirement System raised its stake in shares of American Eagle Outfitters by 0.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 43,400 shares of the apparel retailer’s stock valued at $523,000 after purchasing an additional 200 shares during the period. Russell Investments Group Ltd. raised its stake in shares of American Eagle Outfitters by 84.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 138,705 shares of the apparel retailer’s stock valued at $1,671,000 after purchasing an additional 63,583 shares during the period. Finally, ING Groep NV acquired a new stake in shares of American Eagle Outfitters in the 2nd quarter valued at about $244,000. 83.05% of the stock is currently owned by hedge funds and other institutional investors.

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.

WARNING: “American Eagle Outfitters (AEO) Receives Average Recommendation of “Hold” from Analysts” was posted by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/11/30/american-eagle-outfitters-aeo-receives-average-recommendation-of-hold-from-analysts.html.

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.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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