Aaron’s (NYSE:AAN) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

A number of other brokerages have also recently weighed in on AAN. Zacks Investment Research cut Aaron’s from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Jefferies Group restated a “buy” rating and set a $54.00 price objective on shares of Aaron’s in a research note on Tuesday, December 26th. Sidoti upgraded Aaron’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Wednesday, November 29th. Loop Capital upgraded Aaron’s from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research note on Wednesday, November 8th. Finally, Northcoast Research set a $53.00 price objective on Aaron’s and gave the stock a “buy” rating in a research note on Friday, December 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $46.10.

Shares of Aaron’s (NYSE:AAN) opened at $40.68 on Friday. Aaron’s has a 1-year low of $26.12 and a 1-year high of $48.22. The firm has a market capitalization of $2,967.72, a price-to-earnings ratio of 21.41 and a beta of 0.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 0.74.

A number of large investors have recently made changes to their positions in AAN. UBS Asset Management Americas Inc. increased its position in Aaron’s by 61.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 157,893 shares of the company’s stock valued at $6,142,000 after buying an additional 60,075 shares in the last quarter. Vanguard Group Inc. increased its position in Aaron’s by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 6,320,969 shares of the company’s stock valued at $245,885,000 after buying an additional 22,626 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in Aaron’s by 17.9% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 261,970 shares of the company’s stock valued at $10,191,000 after buying an additional 39,698 shares in the last quarter. Voya Investment Management LLC increased its position in Aaron’s by 2.2% during the 2nd quarter. Voya Investment Management LLC now owns 116,532 shares of the company’s stock valued at $4,533,000 after buying an additional 2,478 shares in the last quarter. Finally, Numeric Investors LLC acquired a new position in Aaron’s during the 2nd quarter valued at about $576,000. 99.27% of the stock is currently owned by institutional investors.

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Aaron’s Company Profile

Aaron’s, Inc (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Aaron`s (NYSE:AAN)

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