American Eagle Outfitters (AEO) Stock Rating Reaffirmed by Morgan Stanley

12 Month Chart for NYSE:AEO
Rating Roundup: American Eagle Outfitters (NYSE:AEO)
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30 May, 2017

(NASDAQ:URBN) by 5.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Quantbot Technologies LP now owns 21,406 shares of the apparel retailer's stock worth $738,000 after buying an additional 3,218 shares during the last quarter. Capital Fund Management S.A. owned approximately 0.19% of American Eagle Outfitters worth $4,823,000 at the end of the most recent reporting period.

Hedge funds and other institutional investors own 95.68% of the company's stock. Principal Financial Group Inc. increased its position in American Eagle Outfitters by 6.7% in the third quarter. SunTrust Banks has a "Buy" rating and a $15.00 price objective on the stock. Capstone Asset Management Co. raised its position in shares of American Eagle Outfitters by 0.4% in the first quarter. Envestnet Asset Management Inc. now owns 25,239 shares of the apparel retailer's stock valued at $719,000 after buying an additional 404 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of American Eagle Outfitters by 2.0% in the first quarter. Morgan Stanley now owns 1,416,895 shares of the apparel retailer's stock valued at $25,305,000 after buying an additional 858,463 shares in the last quarter. Bank of Nova Scotia purchased a new position in shares of American Eagle Outfitters during the first quarter worth $3,030,000. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer's stock worth $102,000 after buying an additional 154 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Urban Outfitters during the fourth quarter worth about $69,571,000. Robecosam AG now owns 5,000 shares of the apparel retailer's stock valued at $172,000 after buying an additional 1,000 shares during the period. Urban Outfitters, Inc. has a 52 week low of $18.55 and a 52 week high of $40.80.

On Friday, LKQ Corporation (NASDAQ:LKQ) stock opened its trade at $31.53 and after floating in a range of $31.33 to $31.59, settled at $31.55. The company has a market capitalization of $2.04 billion, a P/E ratio of 10.64 and a beta of 0.91. The company's 50 day moving average price is $13.41 and its 200-day moving average price is $15.12. Analysts forecast that Urban Outfitters will post $1.52 earnings per share for the current fiscal year.

American Eagle Outfitters, Inc. had its " rating reiterated by analysts at UBS. The firm had revenue of $761.80 million for the quarter, compared to analysts' expectations of $741.76 million. Alkermes plc (NASDAQ:ALKS) earnings have risen with a quarterly rate of 13.8% over the last 5 years. Therefore, the stated figure displays a quarterly performance of -0.13% and year to date performance of 2.94%.

05/18/2017 - American Eagle Outfitters, Inc. had its " rating reiterated by analysts at FBR Capital Markets. (NASDAQ:URBN) news were published by: Bloomberg.com which released: "Urban Outfitters Board Slammed by Group for "Extreme Insularity" on May 01, 2017, also Businessinsider.com with their article: "Urban Outfitters just pulled this illegal T-shirt after being sued for using a ..." published on May 11, 2017, Reuters.com published: "BRIEF-Urban Outfitters Inc says sends letter to shareholders" on May 05, 2017. "(URBN)" was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze.

AEO has been the topic of a number of research reports. That's a potential 19.24 increase relative to where URBN has been trading recently. Wedbush decreased their price objective on Urban Outfitters to $26.00 in a report on Wednesday, March 8th. Cowen and Company reaffirmed an outperform rating and set a $13.00 price objective (down from $14.00) on shares of American Eagle Outfitters in a research note on Friday, May 19th.

Stock market analysts and brokers have recently amended their target prices on shares of Urban Outfitters, Inc. Bank of America Corp set a $12.00 price objective on shares of American Eagle Outfitters and gave the stock a "hold" rating in a report on Friday. Goldman Sachs Group Inc lowered Urban Outfitters from a "neutral" rating to a "sell" rating and set a $22.00 target price on the stock.in a research report on Thursday, February 2nd. The company now has a consensus rating of "Hold" and an average price target of $16.11.

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer.


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