American Eagle Outfitters with ticker code (AEO) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 20 and 8 and has a mean target at 12.09. Given that the stocks previous close was at 10.77 this would imply there is a potential upside of 12.3%. The 50 day moving average now sits at 11.89 while the 200 day moving average is 16.87. The market cap for the company is $2,051m. Company Website: https://www.aeo-inc.com
The potential market cap would be $2,303m based on the market concensus.
American Eagle Outfitters operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company provides jeans, and specialty apparel and accessories for women and men; and intimates, apparel, activewear, and swim collections, as well as personal care products for women. It also offers graphic tees and other clothing products under the Tailgate brand name; and menswear products under the Todd Snyder New York brand name. As of January 29, 2022, the company operated 880 American Eagle stores, 244 Aerie brand stand-alone stores, and five Todd Snyder stores in the United States, Canada, Mexico, and Hong Kong. It also ships to 81 countries through its Websites; and offers its merchandise at 260 locations operated by licensees in 28 countries, as well as provides products through its Websites ae.com, aerie.com, and toddsnyder.com. American Eagle Outfitters was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.