Abercrombie & Fitch Co. (NYSE:ANF) was downgraded by analysts at Wolfe Research from an “outperform” rating to a “market perform” rating in a research report issued on Monday.

Other research analysts have also issued research reports about the company. Vetr lowered Abercrombie & Fitch Co. from a “strong-buy” rating to a “buy” rating and set a $15.36 target price on the stock. in a research report on Tuesday, November 1st. FBR & Co decreased their target price on Abercrombie & Fitch Co. from $22.00 to $19.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 31st. Robert W. Baird reiterated a “neutral” rating and set a $21.00 target price (down previously from $23.00) on shares of Abercrombie & Fitch Co. in a research report on Wednesday, August 31st. KeyCorp decreased their target price on Abercrombie & Fitch Co. from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 31st. Finally, Mizuho decreased their target price on Abercrombie & Fitch Co. from $21.00 to $19.00 and set a “neutral” rating on the stock in a research report on Thursday, August 25th. Six investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and four have assigned a buy rating to the company. Abercrombie & Fitch Co. currently has an average rating of “Hold” and an average target price of $22.06.

Analyst Recommendations for Abercrombie & Fitch Co. (NYSE:ANF)

Shares of Abercrombie & Fitch Co. (NYSE:ANF) opened at 16.28 on Monday. The company has a market cap of $1.10 billion, a PE ratio of 23.94 and a beta of 1.31. Abercrombie & Fitch Co. has a 12 month low of $14.00 and a 12 month high of $32.83. The company has a 50-day moving average of $15.54 and a 200 day moving average of $19.34.

Abercrombie & Fitch Co. (NYSE:ANF) last issued its quarterly earnings data on Tuesday, August 30th. The apparel retailer reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by $0.05. The firm had revenue of $783.20 million for the quarter, compared to analyst estimates of $782.64 million. Abercrombie & Fitch Co. had a return on equity of 3.98% and a net margin of 1.36%. Abercrombie & Fitch Co.’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.12 EPS. On average, analysts anticipate that Abercrombie & Fitch Co. will post $0.48 earnings per share for the current year.

In other Abercrombie & Fitch Co. news, insider Bonadies Fran Horowitz acquired 15,000 shares of the business’s stock in a transaction that occurred on Thursday, September 8th. The stock was purchased at an average cost of $17.32 per share, with a total value of $259,800.00. Following the transaction, the insider now owns 44,701 shares of the company’s stock, valued at $774,221.32. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Craig R. Stapleton acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, September 1st. The shares were acquired at an average cost of $17.65 per share, with a total value of $176,500.00. Following the completion of the transaction, the director now directly owns 57,398 shares in the company, valued at approximately $1,013,074.70. The disclosure for this purchase can be found here. Corporate insiders own 0.85% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC increased its stake in shares of Abercrombie & Fitch Co. by 0.6% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 11,669 shares of the apparel retailer’s stock worth $208,000 after buying an additional 75 shares during the last quarter. State Treasurer State of Michigan increased its position in Abercrombie & Fitch Co. by 0.4% in the third quarter. State Treasurer State of Michigan now owns 27,200 shares of the apparel retailer’s stock valued at $432,000 after buying an additional 100 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its position in Abercrombie & Fitch Co. by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 30,340 shares of the apparel retailer’s stock valued at $482,000 after buying an additional 430 shares in the last quarter. BlackRock Advisors LLC increased its position in Abercrombie & Fitch Co. by 1.5% in the second quarter. BlackRock Advisors LLC now owns 31,846 shares of the apparel retailer’s stock valued at $567,000 after buying an additional 472 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in Abercrombie & Fitch Co. by 3.5% in the second quarter. Ameritas Investment Partners Inc. now owns 16,056 shares of the apparel retailer’s stock valued at $286,000 after buying an additional 545 shares in the last quarter.

Abercrombie & Fitch Co. Company Profile

Abercrombie & Fitch Co (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands.

5 Day Chart for NYSE:ANF

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