Barclays analyst Adrienne Yih maintained a Buy rating on American Eagle (AEO – Research Report) yesterday and set a price target of $30.00. The company’s shares closed yesterday at $23.00.
Yih covers the Consumer Cyclical sector, focusing on stocks such as Nike, American Eagle, and Gap. According to TipRanks, Yih has an average return of 7.5% and a 52.68% success rate on recommended stocks.
Currently, the analyst consensus on American Eagle is a Hold with an average price target of $23.80, representing a 3.48% upside. In a report released on February 26, UBS also maintained a Buy rating on the stock with a $29.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $26.44 and a one-year low of $9.75. Currently, American Eagle has an average volume of 4.42M.
Based on the recent corporate insider activity of 56 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 January 2024, Jennifer Foyle, the Global Brand President-aerie of AEO sold 24,271.00 shares for a total of $488,089.81.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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:
