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AARON'S INC. CLASS A (AAN) [hlAlert]

Rating:
Buy AAN
up 58.96 %

AARON'S INC. (AAN) rated Buy with price target $30 by Stifel Nicolaus

Posted on: Tuesday,  Apr 26, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy AARON'S INC. (NYSE: AAN) on 04/26/2011. Previously Stifel Nicolaus rated Buy AARON'S INC. (NYSE: AAN) on 02/16/2011.,
when the stock price was $23.54. Since then, AARON'S INC. has gained 58.96% as of 01/26/2016's recent price of $37.42.
If you would have followed the previous Stifel Nicolaus's recommendation on AAN, you would have gained 58.96% of your investment in 1805 days.

Aaron's Inc, formerly Aaron Rents Inc, is a specialty retailer of consumer electronics, computers, residential and office furniture, household appliances and accessories. The Company engages in the lease ownership, rental and retail sale of a variety of products, such as widescreen and liquid crystal display (LCD) televisions; computers; living room, dining room and bedroom furniture, and washers, dryers and refrigerators.The Company's major operating divisions are the Aaron's Sales & Lease Ownership division and the MacTavish Furniture Industries division. As of December 31, 2008, the Company had 1,557 sales and lease ownership stores, which comprised 1,037 Company-operated stores in 32 states and Canada, and 504 independently owned franchised stores in 47 states and Canada and 16 office furniture stores in nine states. On September 12, 2008, the Company sold its Aaron?s Corporate Furnishings division to CORT Business Services Corporation.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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