American Eagle Outfitters (AEO) : The highest short term price target forecast on American Eagle Outfitters (AEO) is $25 and the lowest target price is $13. A total of 18 equity analysts are currently covering the company. The average price of all the analysts is $17.67 with a standard deviation of $2.81.
American Eagle Outfitters (AEO) encountered a drop of 2% or -706,782 shares in the short positions. The number dropped from 35,154,679 on June 15,2016 to 34,447,897 on June 30,2016. The final interest is 21% of the floated stock. The days to cover figure of 7 can be arrived using the average daily exchange of 5,063,561 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Jefferies maintains its rating on American Eagle Outfitters (NYSE:AEO). The global brokerage major raises the current price target from $24 per share to $25 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on May 27, 2016.
American Eagle Outfitters (NYSE:AEO): On Thursdays trading session , Opening price of the stock was $16.91 with an intraday high of $16.995. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.76. However, the stock managed to close at $16.76, a loss of 0.42% for the day. On the previous day, the stock had closed at $16.83. The total traded volume of the day was 1,893,821 shares.
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.