Aeropostale Rating Increased to Outperform at Cowen (ARO)

By admin | 6 years ago

Aeropostale (NYSE: ARO) was upgraded by equities research analysts at Cowen from a “neutral” rating to an “outperform” rating in a research note issued to investors on Tuesday.

ARO has been the subject of a number of other recent research reports. Analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of Aeropostale in a research note to investors on Friday, May 18th. Separately, analysts at FBR Capital (NASDAQ: FBCM) raised their price target on shares of Aeropostale from $16.00 to $20.00 in a research note to investors on Friday, May 4th. They now have a “market perform” rating on the stock. Finally, analysts at Janney Montgomery Scott upgraded shares of Aeropostale from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, April 25th. They now have a $26.00 price target on the stock.

Shares of Aeropostale traded up 1.07% during mid-day trading on Tuesday, hitting $18.92. Aeropostale has a one year low of $9.16 and a one year high of $25.75. The company has a market cap of $1.533 billion and a P/E ratio of 24.00.

Aeropostale last issued its quarterly earnings data on Thursday, May 17th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts predict that Aeropostale will post $0.44 earnings per share next quarter.

Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 7 to 12 year-old kids through its P.

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