American Eagle Outfitters (NYSE:AEO) has been rated by 18 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $25 and the lowest price target forecast is $13. The average forecast of all the analysts is $17.67 and the expected standard deviation is $2.81.
Shares of American Eagle Outfitters, Inc. rose by 3.71% in the last five trading days and 1.85% for the last 4 weeks. American Eagle Outfitters, Inc. has dropped 3.34% during the last 3-month period . Year-to-Date the stock performance stands at 3.58%. Also, Brokerage firm Jefferies maintains its rating on American Eagle Outfitters (NYSE:AEO). As per the latest information, the brokerage house raises the price target to $25 per share from a prior target of $24. The shares have been rated Buy. The rating by the firm was issued on May 27, 2016.
American Eagle Outfitters (NYSE:AEO) has an average broker rating of 2.22, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
American Eagle Outfitters (NYSE:AEO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.72 and $15.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.93, notching a gain of 1.59% for the day. The total traded volume was 3,652,723 . The stock had closed at $15.68 on the previous day.
In an insider trading activity, The Securities and Exchange Commission has divulged that Kessler Charles F, officer (Global Brand President-AE) of American Eagle Outfitters Inc, had unloaded 4,784 shares at an average price of $15.85 in a transaction dated on May 23, 2016. The total value of the transaction was worth $75,826.
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.