Abercrombie & Fitch Company (NYSE:ANF) Stock Has Average Target Price of $155.38

by · The Markets Daily

Shares of Abercrombie & Fitch Company (NYSE:ANF – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $155.38.

Several equities research analysts have weighed in on the company. Telsey Advisory Group upped their price target on Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, August 27th. Argus upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price objective for the company in a research note on Monday, August 31st. Raymond James Financial reissued a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. Needham & Company LLC lifted their price target on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Finally, BMO Capital Markets began coverage on shares of Abercrombie & Fitch in a research note on Tuesday, September 8th. They issued an “outperform” rating and a $170.00 price target for the company.

View Our Latest Analysis on ANF

Abercrombie & Fitch Trading Up 0.1%

ANF stock opened at $136.02 on Friday. The company has a market capitalization of $5.77 billion, a PE ratio of 11.65, a P/E/G ratio of 1.19 and a beta of 1.02. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $155.22. The business’s fifty day moving average price is $126.24 and its 200 day moving average price is $100.75.

Abercrombie & Fitch (NYSE:ANF – Get Free Report) last released its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, beating the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%.Abercrombie & Fitch’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. Research analysts predict that Abercrombie & Fitch will post 11.42 EPS for the current fiscal year.

Insider Activity

In other Abercrombie & Fitch news, Director Kenneth B. Robinson sold 800 shares of Abercrombie & Fitch stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $149.69, for a total transaction of $119,752.00. Following the completion of the sale, the director directly owned 7,169 shares of the company’s stock, valued at $1,073,127.61. The trade was a 10.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Scott D. Lipesky sold 10,000 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the transaction, the chief operating officer directly owned 152,534 shares of the company’s stock, valued at approximately $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 72,800 shares of company stock worth $9,595,392. 2.33% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently made changes to their positions in ANF. Bbfit Investments PTE Ltd. acquired a new position in Abercrombie & Fitch in the fourth quarter valued at approximately $205,539,000. Dimensional Fund Advisors LP lifted its position in shares of Abercrombie & Fitch by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock worth $145,823,000 after buying an additional 208,709 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Abercrombie & Fitch by 41.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock valued at $119,722,000 after buying an additional 384,845 shares in the last quarter. Norges Bank purchased a new stake in Abercrombie & Fitch in the fourth quarter valued at $98,961,000. Finally, Bank of America Corp DE increased its position in shares of Abercrombie & Fitch by 12.3% during the first quarter. Bank of America Corp DE now owns 486,134 shares of the apparel retailer’s stock worth $44,418,000 after purchasing an additional 53,161 shares in the last quarter.

Abercrombie & Fitch Company Profile

(Get Free Report)

Abercrombie & Fitch Co is a global specialty retailer of apparel, accessories and personal-care products. The company operates a portfolio of lifestyle brands, including Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, serving customers across a range of age groups and fashion preferences.

Its product offerings include casual clothing, denim, dresses, intimates, sleepwear, activewear, swimwear, footwear, accessories and fragrances. The company sells its merchandise through branded retail stores, e-commerce websites and other digital channels, with operations serving customers in North America, Europe, Asia and other international markets.

Founded in 1892 as a sporting-goods store in New York City, Abercrombie & Fitch evolved into a lifestyle apparel retailer and has expanded its brand portfolio over time.

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