Aarons (AAN) Receives Price Target

Aarons (AAN) : Currently there are 6 street experts covering Aarons (AAN) stock. The most bullish and bearish price target for the stock is $35 and $28 respectively for the short term. The average price target of all the analysts comes to $32. The estimated standard deviation from the target is $2.77.

Aarons (AAN) : The consensus on Aarons (AAN) based on 7 analyst recommendation on the company stock is 1.57, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, In the latest statement by the brokerage house, SunTrust Robinson Humphrey maintains its outlook on Aarons (NYSE:AAN). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $30 per share to $27.5 per share. The rating by the firm was issued on August 1, 2016.

Aarons (NYSE:AAN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.32 and $23.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.47, notching a gain of 0.45% for the day. The total traded volume was 433,170 . The stock had closed at $24.36 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.

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