Aarons (AAN) : 8 analysts are covering Aarons (AAN) and their average rating on the stock is 1.75, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Aarons (AAN) : 6 investment research analysts covering Aarons (AAN) have an average price target of $32.42 for the near short term. The highest target price given by the Brokerage Firm to the stock is $35 and the lowest target is $30 for the short term. Analysts expect the variance to be within $2.06 of the average price.
For the current week, the company shares have a recommendation consensus of Buy.
Aarons (NYSE:AAN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.88 and $23.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.87, notching a gain of 0.97% for the day. The total traded volume was 1,151,530 . The stock had closed at $23.64 on the previous day.
Aarons, Inc. (Aarons) is a specialty retailer of furniture, consumer electronics, computers, appliances and household accessories. The Company operates through five segments: The Aarons Sales and Lease Ownership segment, which offers furniture, electronics, appliances and computers to consumers on a monthly payment basis; Progressive, which is a virtual lease-to-own company that provides lease-purchase solutions; The HomeSmart segment, which offers furniture, electronics, appliances and computers to consumers on a weekly payment basis; Franchise, which awards franchises and supports franchisees of its sales and lease ownership concept, and Manufacturing segment, which manufactures upholstered furniture and bedding for use by Company-operated and franchised stores. Its products include flat-screen televisions, computers, tablets, living room, dining room and bedroom furniture, among others. Its brands include Samsung, Frigidaire, Hewlett-Packard, LG, Maytag, RCA and JVC.