American Eagle Outfitters (AEO) : The consensus on American Eagle Outfitters (AEO) based on 17 analyst recommendation on the company stock is 1.82, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 11 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 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) : 16 Wall Street analysts covering American Eagle Outfitters (AEO) believe that the average level the stock could reach for the short term is $20.56. The maximum price target given is $25 and the minimum target for short term is around $14, hence the standard deviation is calculated at $3.01.
Also, Equity analysts at the Brokerage firm Goldman Sachs maintains its rating on American Eagle Outfitters (NYSE:AEO). The rating major has initiated the coverage with sell rating on the shares. The Analysts at Goldman Sachs lowers the price target from $13 per share to $12 per share. The rating by the firm was issued on August 18, 2016.
American Eagle Outfitters (NYSE:AEO): After opening at $18.45, the stock dipped to an intraday low of $18.41 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $18.925 and the buying power remained strong till the end. The stock closed at $18.78 for the day, a gain of 1.84% for the day session. The total traded volume was 4,369,645. The stocks close on the previous trading day was $18.44.
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.