Jefferies Sticks to Its Buy Rating for Aaron’s Inc

By Carrie Williams

In a report issued on July 28, Kyle Joseph from Jefferies reiterated a Buy rating on Aaron’s Inc (NYSE: AAN), with a price target of $42. The company’s shares closed on Friday at $47.54, equals to its 52-week high of $47.54.

According to TipRanks.com, Joseph is a 4-star analyst with an average return of 14.7% and a 86.2% success rate. Joseph covers the Financial sector, focusing on stocks such as Compass Diversified Holdings, Pennantpark Investment Corp, and Gladstone Investment Corp.

Aaron’s Inc has an analyst consensus of Moderate Buy, with a price target consensus of $42.

Aaron’s Inc’s market cap is currently $3.36B and has a P/E ratio of 24.13. The company has a book value ratio of 2.2386.

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Aaron’s, Inc. retails consumer electronics, computers, residential furniture, household appliances, and accessories. It engages in the lease ownership, lease and retail sale of products such as widescreen and liquid crystal display televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators.