Telsey Advisory analyst Dana Telsey maintained a Hold rating on American Eagle (AEO – Research Report) today and set a price target of $22.00. The company’s shares closed yesterday at $21.06.
According to TipRanks, Telsey is a 2-star analyst with an average return of -0.1% and a 42.52% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Wolverine World Wide, American Eagle, and Bath & Body Works.
In addition to Telsey Advisory, American Eagle also received a Hold from J.P. Morgan’s Matthew Boss in a report issued on January 4. However, on January 5, UBS maintained a Buy rating on American Eagle (NYSE: AEO).
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The company has a one-year high of $21.66 and a one-year low of $9.75. Currently, American Eagle has an average volume of 5.15M.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEO in relation to earlier this year. Most recently, in October 2023, Jennifer Foyle, the Global Brand President-aerie of AEO sold 30,000.00 shares for a total of $510,000.00.
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American Eagle (AEO) Company Description:
American Eagle Outfitters, Inc. is a multi-brand specialty retailer. It offers an assortment of apparel and accessories for men and women under the American Eagle Outfitters brand, and intimates, apparel and personal care products for women under the Aerie brand. The firm operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom. It also acquired two emerging brands to complement its existing brands, Tailgate, a vintage sports-inspired apparel brand, and Todd Snyder New York, a premium menswear brand. The company was founded in 1977 and is headquartered in Pittsburgh, PA.
Read More on AEO:
- American Eagle Outfitters (NYSE:AEO) Surges on Strong Holiday Sales Momentum
- American Eagle raises Q4 operating profit view to $130M from $105M-$115M
- American Eagle price target raised to $27 from $24 at UBS
- American Eagle price target raised to $21 from $19 at JPMorgan
- American Eagle price target raised to $26 from $22 at Barclays
