Jefferies Reaffirms Their Buy Rating on Aaron’s Inc (AAN)


In a report issued on February 14, Kyle Joseph from Jefferies reiterated a Buy rating on Aaron’s Inc (AAN), with a price target of $65. The company’s shares closed on Friday at $53.02.

Joseph has an average return of 33.0% when recommending Aaron’s Inc.

According to TipRanks.com, Joseph is ranked #846 out of 5178 analysts.

Currently, the analyst consensus on Aaron’s Inc is a Strong Buy with an average price target of $62.20, a 17.3% upside from current levels. In a report issued on February 14, Loop Capital Markets also maintained a Buy rating on the stock with a $60 price target.

See today’s analyst top recommended stocks >>

Based on Aaron’s Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $61.74 million. In comparison, last year the company had a net profit of $178 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Aaron’s, Inc. retails consumer electronics, computers, residential furniture, household appliances, and accessories. It engages in the lease ownership, lease and retail sale of products such as widescreen and liquid crystal display televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts