American Eagle Outfitters with ticker code (AEO) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 27 and 8 with the average target price sitting at 16. Now with the previous closing price of 12.12 this would imply there is a potential upside of 32.0%. The 50 day moving average now sits at 12.42 and the 200 moving average now moves to 19.57. The company has a market capitalisation of $2,072m. Company Website: https://www.aeo-inc.com
The potential market cap would be $2,735m 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.
