Deutsche Bank lowered shares of American Eagle Outfitters (NYSE:AEO) from a buy rating to a hold rating in a research report sent to investors on Sunday morning.

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.

Several hedge funds and other institutional investors have recently modified their holdings of AEO. First Quadrant L P CA lifted its position in shares of American Eagle Outfitters by 660.9% in the 3rd quarter. First Quadrant L P CA now owns 4,459 shares of the apparel retailer’s stock worth $111,000 after purchasing an additional 3,873 shares during the period. Captrust Financial Advisors acquired a new position in shares of American Eagle Outfitters in the 3rd quarter worth approximately $123,000. MUFG Americas Holdings Corp lifted its position in shares of American Eagle Outfitters by 99.3% in the 2nd quarter. MUFG Americas Holdings Corp now owns 6,407 shares of the apparel retailer’s stock worth $149,000 after purchasing an additional 3,193 shares during the period. Meeder Asset Management Inc. lifted its position in shares of American Eagle Outfitters by 86.0% in the 3rd quarter. Meeder Asset Management Inc. now owns 7,488 shares of the apparel retailer’s stock worth $186,000 after purchasing an additional 3,462 shares during the period. Finally, Bridgewater Associates LP acquired a new position in shares of American Eagle Outfitters in the 2nd quarter worth approximately $202,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.

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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Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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