Equities researchers at UBS AG raised their price objective on shares of American Eagle Outfitters (NYSE:AEO) from $13.00 to $17.00 in a research report issued on Thursday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price objective would suggest a potential upside of 16.04% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group raised their price target on shares of American Eagle Outfitters from $15.00 to $17.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Brean Capital upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note to investors on Thursday. They now have a $20.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of American Eagle Outfitters from $16.00 to $14.00 in a research note to investors on Friday, October 25th. They now have a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $17.48.
American Eagle Outfitters (NYSE:AEO) traded up 6.69% during mid-day trading on Thursday, hitting $15.63. 8,013,298 shares of the company’s stock traded hands. American Eagle Outfitters has a 52-week low of $13.14 and a 52-week high of $22.63. The stock has a 50-day moving average of $14.27 and a 200-day moving average of $17.14. The company has a market cap of $3.012 billion and a price-to-earnings ratio of 13.25. American Eagle Outfitters also was the target of unusually large options trading activity on Tuesday. Investors purchased 12,064 put options on the company. This represents an increase of approximately 413% compared to the typical volume of 2,350 put options.
American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, August 21st. The company reported $0.10 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.10. The company had revenue of $727.00 million for the quarter, compared to the consensus estimate of $719.25 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Analysts expect that American Eagle Outfitters will post $0.81 EPS for the current fiscal year.
American Eagle Outfitters, Inc (NYSE:AEO) is a specialty retailer that operates in the United Sates and Canada, and online at ae.
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