A statement released earlier today by Jefferies about Aaron's (NYSE:AAN) ups the target price to $30.00
- Updated: October 13, 2016
Having a price of $22.68, Aaron's (NYSE:AAN) traded 1.23% higher on the day. With the last close down -6.38% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. AAN has recorded a 50-day moving average of $24.89 and a 200-day moving average of $24.52. 177,659 shares of AAN traded hands, down from an average trading volume of 563,137
Reporting a potential upside of 0.32%, Jefferies upped the price target of Aaron's (NYSE:AAN) to $30.00
Recent Performance Chart
Aaron's has 52 week low of $20.24 and a 52 week high of $38.85 with a PE ratio of 12.54 and has a market capitalization of $0.
In addition to Jefferies reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $32.58 with 4 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Aaron's (NYSE:AAN)
Aaron's, Inc. is a specialty retailer of furniture, consumer electronics, computers, appliances and household accessories. The Company's operating segments include Sales and Lease Ownership, Progressive, HomeSmart, DAMI, Franchise, Manufacturing and Others. The Company's store-based operations engage in the lease ownership and retail sale of a range of products, such televisions, computers, tablets, mobile phones, living room, dining room and bedroom furniture, mattresses, washers, dryers and refrigerators. Its stores carry brands, such as Samsung, Frigidaire, Hewlett-Packard, LG, Whirlpool, Simmons, Philips, JVC, Sharp and Magnavox. It has approximately 2,040 stores, which consist of over 1,300 Company-operated stores in approximately 30 states, and over 730 independently owned franchised stores in approximately 47 states and Canada. DAMI serves customers that may not qualify for traditional prime lending and desire to purchase goods and services from participating merchants.
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