Aarons Holdings Company – Consensus Indicates Potential -7.4% Downside

Broker Ratings
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Aarons Holdings Company with ticker code (AAN) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 20 and 6.5 and has a mean target at 12.92. Now with the previous closing price of 13.95 this is indicating there is a potential downside of -7.4%. The 50 day moving average now sits at 12.39 and the 200 day moving average is 14.06. The company has a market cap of $441m. Company Website: https://www.aarons.com

The potential market cap would be $409m based on the market concensus.

The Aaron’s Company provides lease-to-own and purchase solutions. The company engages in direct-to-consumer sales and lease ownership of furniture, appliances, electronics, computers, and accessories through company-operated and franchised stores in the United States and Canada, as well as its e-commerce platform. It also manufactures and supplies bedding and upholstered furniture. As of October 19, 2022, the company operated approximately 1,300 company-operated and franchised stores. The company was formerly known as Aaron’s SpinCo The Aaron’s Company was founded in 1955 and is headquartered in Atlanta, Georgia.

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