Brean Capital upgraded shares of American Eagle Outfitters (NYSE:AEO) from a hold rating to a buy rating in a report issued on Thursday, TheFlyOnTheWall.com reports. They currently have $20.00 target price on the stock.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at UBS AG cut their price target on shares of American Eagle Outfitters from $15.00 to $13.00 in a research note to investors on Friday, October 11th. They now have a neutral rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of American Eagle Outfitters in a research note to investors on Wednesday, October 2nd. They set a market perform rating and a $15.00 price target on the stock. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $17.48.
Shares of American Eagle Outfitters (NYSE:AEO) opened at 16.21 on Thursday. American Eagle Outfitters has a one year low of $13.14 and a one year high of $22.63. The stock’s 50-day moving average is $14.30 and its 200-day moving average is $17.11. The company has a market cap of $3.124 billion and a price-to-earnings ratio of 14.66.
American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, August 21st. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the 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 last year, the company posted $0.21 earnings per share. American Eagle Outfitters’s revenue was down 1.7% compared to the same quarter last year. Analysts expect that American Eagle Outfitters will post $0.85 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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