8 Analysts Have This to Say About Abercrombie & Fitch
Portfolio Pulse from Benzinga Insights
Abercrombie & Fitch (NYSE:ANF) received 8 analyst ratings in the last quarter, with an average price target of $56.0, which is below the current price of $66.8, suggesting a downside. The average price target has increased by 32.42% from the previous target of $42.29. The ratings were split evenly with 4 somewhat bullish and 4 indifferent, with no bullish or bearish ratings.
November 13, 2023 | 9:01 pm
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Abercrombie & Fitch has an average analyst price target of $56, which is below its current price, indicating potential downside according to analysts.
The average price target provided by analysts suggests that the stock is currently overvalued, which could lead to a decrease in its price in the short term. The increase in the average price target reflects a more positive outlook than before, but the current price is still above the target, which may lead to negative adjustments in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100