American Eagle Outfitters (NYSE:AEO)‘s stock had its “outperform” rating reaffirmed by research analysts at Cowen in a research note issued on Thursday, The Fly reports. They currently have a $19.00 target price on the apparel retailer’s stock, up from their prior target price of $16.00. Cowen’s price objective would suggest a potential upside of 15.15% from the company’s current price.

A number of other brokerages have also recently issued reports on AEO. Deutsche Bank reiterated a “hold” rating and issued a $12.00 price target (down previously from $13.00) on shares of American Eagle Outfitters in a research note on Friday, August 11th. FBR & Co upgraded shares of American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Tuesday, August 15th. BidaskClub cut shares of American Eagle Outfitters from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 22nd. Oppenheimer set a $13.00 price target on shares of American Eagle Outfitters and gave the stock a “hold” rating in a research note on Wednesday, August 23rd. Finally, SunTrust Banks set a $15.00 price target on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Thursday, August 24th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $14.86.

Shares of American Eagle Outfitters (NYSE:AEO) opened at $16.50 on Thursday. American Eagle Outfitters has a fifty-two week low of $10.23 and a fifty-two week high of $18.49. The company has a market cap of $2,852.26, a price-to-earnings ratio of 14.01, a PEG ratio of 1.63 and a beta of 1.19.

In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of the company’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total transaction of $191,970.00. Following the transaction, the insider now owns 27,531 shares in the company, valued at approximately $391,490.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.80% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CIBC World Markets Inc. increased its position in shares of American Eagle Outfitters by 0.6% during the 2nd quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock valued at $133,000 after purchasing an additional 63 shares during the last quarter. Ifrah Financial Services Inc. increased its position in shares of American Eagle Outfitters by 0.5% during the 2nd quarter. Ifrah Financial Services Inc. now owns 34,282 shares of the apparel retailer’s stock valued at $413,000 after purchasing an additional 177 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of American Eagle Outfitters by 0.5% during 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 last quarter. Amalgamated Bank increased its position in shares of American Eagle Outfitters by 1.1% during the 2nd quarter. Amalgamated Bank now owns 23,261 shares of the apparel retailer’s stock valued at $280,000 after purchasing an additional 252 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of American Eagle Outfitters by 9.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,533 shares of the apparel retailer’s stock valued at $103,000 after purchasing an additional 729 shares during the last quarter. 83.15% of the stock is owned by hedge funds and other institutional investors.

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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.

The Fly

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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