This Is What Whales Are Betting On Abercrombie & Fitch
Portfolio Pulse from Benzinga Insights
Financial giants have shown a predominantly bearish sentiment towards Abercrombie & Fitch (ANF), with 80% of unusual trades being bearish. The options trading analysis revealed a focus on a price range between $90.0 and $150.0. Despite this, the current market standing of ANF shows a slight decrease in price to $134.25, with neutral RSI indicators. Analysts have mixed views, with an average target price of $137.8, varying from $127 to $152. The company is a specialty retailer with a global presence, primarily sourcing from Asia and Central America.
March 25, 2024 | 4:08 pm
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NEUTRAL IMPACT
Abercrombie & Fitch has seen a bearish sentiment in options trading, with a current slight decrease in stock price to $134.25. Analysts have mixed views, setting an average target price of $137.8.
The bearish sentiment in options trading suggests a cautious outlook from financial giants, yet the stock price remains relatively stable with a slight decrease. Analysts' mixed ratings and the average target price close to the current price indicate uncertainty, leading to a neutral short-term impact score. The high relevance is due to the direct mention and detailed analysis of ANF's trading activity and market standing.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100