Barclays Keeps Their Hold Rating on American Eagle (AEO)

Barclays analyst Adrienne Yih maintained a Hold rating on American Eagle (AEOResearch Report) on August 5 and set a price target of $10.00. The company’s shares closed last Friday at $12.06.

According to TipRanks, Yih is a 3-star analyst with an average return of 0.6% and a 43.63% success rate. Yih covers the Consumer Goods sector, focusing on stocks such as American Eagle, Burlington Stores, and Dick’s Sporting Goods.

In addition to Barclays, American Eagle also received a Hold from Cowen & Co.’s Jonna Kim in a report issued on August 1. However, on July 26, Bank of America Securities downgraded American Eagle (NYSE: AEO) to a Sell.

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AEO market cap is currently $2.04B and has a P/E ratio of 7.03.

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AEO in relation to earlier this year.

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 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.

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