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Jefferies Thinks Aaron’s Company’s Stock is Going to Recover

In a report released yesterday, Kyle Joseph from Jefferies maintained a Buy rating on Aaron’s Company (AANResearch Report), with a price target of $30.00. The company’s shares closed last Monday at $20.53, close to its 52-week low of $18.26.

According to TipRanks.com, Joseph is ranked #721 out of 7911 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aaron’s Company with a $30.00 average price target.

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The company has a one-year high of $37.49 and a one-year low of $18.26. Currently, Aaron’s Company has an average volume of 290.5K.

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The Aarons Co Inc is a speciality retailer which has developed a unique lease-to-own model. It serves the customers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and other accessories at best deal with the highest quality products. Aaron’s services are available through multiple channels to approximately 40-50 % of the U.S. population.

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