Streetbeat News

ANF

Abercrombie & Fitch Co.

https://www.abercrombie.com

Industry

Apparel - Retail

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer. The company operates in two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, Moose, Seagull, Gilly Hicks, and Social Tourist brands. As of January 29, 2022, it operated approximately 729 retail stores in Europe, Asia, Canada, the Middle East, United States, and internationally. The company sells products through its stores; various third-party wholesale, franchise, and licensing arrangements; and e-commerce platforms. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

Open

144.49

Mkt cap

7.4B

Volume

939K

High

145.20

P/E Ratio

15.34

52-wk high

196.99

Low

141.65

Div yield

N/A

52-wk low

65.60

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies, including Tarsus Pharmaceuticals, Apellis Pharmaceuticals, Axon Enterprise, Essex Property Trust, Integral Ad Science Holding Corp, Sterling Infrastructure, LendingTree, ICU Medical, Ecolab, and Abercrombie & Fitch. These changes reflect analysts' latest views on these companies, with adjustments made based on various factors such as company performance and market conditions.

Portfolio Pulse from Avi Kapoor

February 28, 2024 | 1:07 pm

Telsey Advisory Group has maintained its Outperform rating on Abercrombie & Fitch (ANF) and increased the price target from $105 to $140.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:53 am

Abercrombie & Fitch (NYSE:ANF) received mixed analyst ratings with an average 12-month price target of $115, marking a 19.17% increase from the previous target. Analysts from Citigroup, UBS, and Telsey Advisory Group raised their price targets, reflecting optimism about the company's performance. Abercrombie & Fitch has shown impressive financial milestones, including a 20.04% revenue growth and strong profitability indicators such as a 9.11% net margin and an 11.77% ROE.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 5:00 pm

Citigroup analyst Paul Lejuez has maintained a Neutral rating on Abercrombie & Fitch (ANF) and increased the price target from $100 to $127.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:44 pm

UBS analyst Mauricio Serna has maintained a Neutral rating on Abercrombie & Fitch (ANF) and increased the price target from $98 to $130.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:58 pm

Over the past 10 years, Abercrombie & Fitch (NYSE:ANF) has outperformed the market with an annualized return of 12.44%, turning a $100 investment into $328.18. The company's market capitalization stands at $5.85 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:30 pm

Over the past 10 years, Abercrombie & Fitch (NYSE:ANF) has outperformed the market with an annualized return of 12.55%, turning a $1000 investment into $3,261.31 today. The company currently has a market capitalization of $5.59 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:00 pm

Abercrombie & Fitch (NYSE:ANF) has seen significant options trading activity, with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 11 unusual trades, with a split sentiment of 45% bullish and 54% bearish. The trades suggest a price target range of $60.0 to $115.0 for ANF over the next three months. The company, a specialty retailer, is currently trading at $106.38, down by -0.19%, and may be overbought according to its RSI values. Analyst ratings from Telsey Advisory Group and UBS have set target prices at $105 and $98, respectively.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 5:00 pm

Abercrombie & Fitch Inc. (NYSE:ANF) stock has seen a 1.34% increase in the current session, trading at $103.98. Over the past month, ANF's stock has risen by 14.15%, and it has surged by 274.71% over the past year. Investors are considering the price-to-earnings (P/E) ratio to determine if the stock is overvalued. ANF's P/E is lower than the Specialty Retail industry average, which could indicate that the stock is undervalued or that shareholders have lower growth expectations.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:15 pm

Truist Securities analyst Michael Roxland reaffirmed a Buy rating on Avery Dennison Corporation (NYSE:AVY) with a price target of $249, unaffected by Red Sea supply chain concerns. The analyst highlighted that despite weak apparel demand impacting Intelligent Labels growth in 2023, improvement in apparel sales and new accounts should positively impact 2024. The price target is based on various financial forecasts and multiples. Avery Dennison's stock showed a slight increase of 0.11% to $196.94.

Portfolio Pulse from Shivani Kumaresan

January 12, 2024 | 7:53 pm

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