FBR Capital Keeps Their Buy Rating on American Eagle
By Carrie Williams
In a report released today, Susan Anderson from FBR Capital reiterated a Buy rating on American Eagle (NYSE: AEO), with a price target of $13. The company’s shares closed yesterday at $11.05, close to its 52-week low of $10.91.
According to TipRanks.com, Anderson is a 1-star analyst with an average return of -0.3% and a 45.8% success rate. Anderson covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and ClubCorp Holdings.
Currently, the analyst consensus on American Eagle is Strong Buy and the average price target is $14.86, representing a 34.5% upside.
In a report issued on May 10, Jefferies also reiterated a Buy rating on the stock with a $19 price target.
The company has a one year high of $19.55 and a one year low of $10.91. Currently, American Eagle has an average volume of 4.77M.
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American Eagle Outfitters, Inc. engages in the retail of clothing, accessories, and personal care products. It operates through the American Eagle Outfitters and Aerie brands. The company was founded in 1977 and is headquartered in Pittsburgh, PA.



