Zacks Investment Research downgraded Aaron's, Inc. (NYSE:AAN) to Sell in a statement released earlier today.
- Updated: September 28, 2016
Showing a price of $24.99, Aaron's, Inc. (NYSE:AAN) traded -0.60% lower on the day. With the last stock close price up 2.10% 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 average of $24.97 and a 200-day moving average of $24.48. 513,678 shares of the stock traded hands, down from an average trading volume of 642,931
Zacks Investment Research has downgraded Aaron's, Inc. (NYSE:AAN) to Sell in a statement released on 9/28/2016.
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Aaron's, Inc. has a one year low of $20.24 and a one year high of $40.80 with a P/E ratio of 13.65 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $32.58 with 4 firms rating the stock a strong buy, 0 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Aaron's, Inc. (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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