American Eagle Outfitters (AEO) : 11 brokerage houses believe that American Eagle Outfitters (AEO) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on American Eagle Outfitters (AEO). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 1.82.
American Eagle Outfitters (AEO) has been rated by 16 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $25 and the lowest price target forecast is $14. The average forecast of all the analysts is $20.56 and the expected standard deviation is $3.01.
For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Goldman Sachs maintains its rating on American Eagle Outfitters (NYSE:AEO). As per the latest information, the brokerage house lowers the price target to $12 per share from a prior target of $13. The shares have been rated Sell. The rating by the firm was issued on August 18, 2016.
American Eagle Outfitters (NYSE:AEO): The stock opened at $18.41 and touched an intraday high of $18.46 on Wednesday. During the day, the stock corrected to an intraday low of $18.19, however, the bulls stepped in and pushed the price higher to close in the green at $18.46 with a gain of 0.33% for the day. The total traded volume for the day was 2,861,723. The stock had closed at $18.4 in the previous trading session.
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.