American Eagle Outfitters (NYSE:AEO) : 18 investment research analysts covering American Eagle Outfitters (NYSE:AEO) have an average price target of $17.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $25 and the lowest target is $13 for the short term. Analysts expect the variance to be within $2.81 of the average price.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Jefferies maintains its outlook on American Eagle Outfitters (NYSE:AEO). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $24 per share to $25 per share. The rating by the firm was issued on May 27, 2016.
American Eagle Outfitters (NYSE:AEO): stock turned positive on Thursday. Though the stock opened at $15.07, the bulls momentum made the stock top out at $15.37 level for the day. The stock recorded a low of $14.98 and closed the trading day at $15.36, in the green by 3.02%. The total traded volume for the day was 5,962,984. The stock had closed at $14.91 in the previous days trading.
The company shares have dropped -14.90% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $18.49 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $15.08 and the 200 Day Moving Average price is recorded at $15.21. On the companys insider trading activities, The officer (Global Brand President-AE), of American Eagle Outfitters Inc, Kessler Charles F had unloaded 4,784 shares at $15.85 per share in a transaction on May 23, 2016. The total value of transaction was $75,826. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
American Eagle Outfitters, Inc. is an apparel and accessories retailer. The Company offers clothing, accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories. The aerie brand is a collection of intimates and personal care products for women, such as bras and undies at the core, and offerings in sleep, swim and apparel. The Company offers its products online at ae.com and aerie.com and at various international store locations managed by third-party operators. The Company operates around 1,000 retail stores in the United States and internationally, 955 American Eagle Outfitters stores, 101 aerie stand-alone stores and 99 third-party operated stores. The Company has stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.