Brean Murray Carret & Co. Upgrades American Eagle to Buy (AEO)

By admin | 6 years ago

American Eagle (NYSE: AEO) was upgraded by research analysts at Brean Murray Carret & Co. to a “buy” rating in a report released on Monday.

Shares of American Eagle opened at 20.33 on Monday. American Eagle has a one year low of $10.00 and a one year high of $21.13. The company has a market cap of $3.955 billion and a P/E ratio of 26.40.

American Eagle last issued its quarterly earnings data on Wednesday, March 7th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.36 by $0.01. The company’s quarterly revenue was up 13.5% on a year-over-year basis. On average, analysts predict that American Eagle will post $0.12 earnings per share next quarter.

Other equities research analysts have also recently issued reports about the stock. Analysts at Brean Murray upgraded shares of American Eagle from a “hold” rating to a “buy” rating in a research note to investors on Monday. They now have a $23.00 price target on the stock. Separately, analysts at FBR Capital (NASDAQ: FBCM) raised their EPS on shares of American Eagle in a research note to investors on Thursday, May 3rd. They now have a “market perform” rating and a $21.00 price target on the stock. Finally, analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of American Eagle in a research note to investors on Thursday, May 3rd. They now have a $21.00 price target on the stock.

American Eagle Outfitters, Inc. (AEO, Inc) is a specialty retailer that operates in the United Sates and Canada, and online at ae.

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