American Eagle Outfitters (AEO) : The consensus on American Eagle Outfitters (AEO) based on 17 analyst recommendation on the company stock is 2.06, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
American Eagle Outfitters (AEO) : 17 investment research analysts covering American Eagle Outfitters (AEO) have an average price target of $18.24 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 $3.19 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. 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 $18.80 and $18.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.80, notching a gain of 4.56% for the day. The total traded volume was 5,007,851 . The stock had closed at $17.98 on the previous day.
In a related news, Kessler Charles F, officer (Global Brand President-AE) of American Eagle Outfitters Inc, unloaded 4,784 shares at an average price of $15.85 on May 23, 2016. The total amount of the transaction was worth $75,826, according to the disclosed information with 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.