Recent Investment Analysts’ Ratings Updates for Abercrombie & Fitch (ANF)

Abercrombie & Fitch (NYSE: ANF) has recently received a number of price target changes and ratings updates:

• 1/15/2025 – Abercrombie & Fitch had its price target lowered by analysts at Morgan Stanley from $149.00 to $139.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – Abercrombie & Fitch had its price target lowered by analysts at Raymond James from $180.00 to $165.00. They now have an “outperform” rating on the stock.
• 1/14/2025 – Abercrombie & Fitch had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $190.00 price target on the stock.
• 1/13/2025 – Abercrombie & Fitch was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/10/2025 – Abercrombie & Fitch was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $220.00 price target on the stock, up previously from $173.00.
• 12/20/2024 – Abercrombie & Fitch had its price target raised by analysts at JPMorgan Chase & Co. from $201.00 to $204.00. They now have an “overweight” rating on the stock.
• 12/20/2024 – Abercrombie & Fitch was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/6/2024 – Abercrombie & Fitch is now covered by analysts at Raymond James. They set an “outperform” rating and a $180.00 price target on the stock.
• 11/27/2024 – Abercrombie & Fitch had its price target raised by analysts at UBS Group AG from $170.00 to $173.00. They now have a “neutral” rating on the stock.
• 11/27/2024 – Abercrombie & Fitch had its price target raised by analysts at Morgan Stanley from $147.00 to $149.00. They now have an “equal weight” rating on the stock.
• 11/26/2024 – Abercrombie & Fitch had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $190.00 price target on the stock.

Abercrombie & Fitch Trading Up 1.7 %

ANF stock opened at $130.34 on Monday. The business’s 50 day moving average is $147.19 and its 200-day moving average is $148.28. Abercrombie & Fitch Co. has a 1-year low of $95.51 and a 1-year high of $196.99. The firm has a market cap of $6.57 billion, a P/E ratio of 12.89 and a beta of 1.52.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.18. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $1.83 EPS. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. Sell-side analysts forecast that Abercrombie & Fitch Co. will post 10.63 EPS for the current year.

Insider Activity

In other news, COO Scott D. Lipesky sold 8,605 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $150.20, for a total transaction of $1,292,471.00. Following the completion of the transaction, the chief operating officer now directly owns 97,850 shares in the company, valued at approximately $14,697,070. The trade was a 8.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Suzanne M. Coulter sold 2,870 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $160.00, for a total value of $459,200.00. Following the completion of the sale, the director now directly owns 6,405 shares of the company’s stock, valued at approximately $1,024,800. This trade represents a 30.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,401 shares of company stock valued at $2,631,741. Company insiders own 2.58% of the company’s stock.

Institutional Trading of Abercrombie & Fitch

A number of large investors have recently made changes to their positions in ANF. UMB Bank n.a. boosted its stake in Abercrombie & Fitch by 92.2% in the 4th quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after purchasing an additional 107 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Abercrombie & Fitch by 81.5% during the third quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after buying an additional 123 shares in the last quarter. Quarry LP grew its holdings in shares of Abercrombie & Fitch by 156.0% during the second quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock worth $50,000 after buying an additional 170 shares in the last quarter. Private Trust Co. NA raised its position in Abercrombie & Fitch by 604.4% in the 3rd quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock valued at $44,000 after buying an additional 272 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Abercrombie & Fitch by 8,914.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 631 shares of the apparel retailer’s stock valued at $112,000 after acquiring an additional 624 shares in the last quarter.

Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands.