American Eagle Outfitters (AEO) Downgraded by Deutsche Bank to “Hold”
A number of other equities research analysts have also weighed in on the stock. Wedbush raised shares of American Eagle Outfitters from a neutral rating to an outperform rating and set a $29.00 target price on the stock in a report on Monday, October 15th. Citigroup raised shares of American Eagle Outfitters from a neutral rating to a buy rating and set a $27.00 target price on the stock in a report on Friday, October 19th. ValuEngine lowered shares of American Eagle Outfitters from a buy rating to a hold rating in a report on Friday, November 16th. Bank of America lowered shares of American Eagle Outfitters from a neutral rating to an underperform rating and set a $18.00 target price on the stock. in a report on Thursday, November 1st. Finally, UBS Group boosted their target price on shares of American Eagle Outfitters from $33.00 to $34.00 and gave the stock a buy rating in a report on Thursday, August 30th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. American Eagle Outfitters currently has a consensus rating of Buy and an average price target of $24.63.
AEO opened at $19.89 on Friday. American Eagle Outfitters has a fifty-two week low of $15.92 and a fifty-two week high of $29.88. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 1.49 and a beta of 0.78.
American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.
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