Abercrombie & Fitch Co. (NYSE:ANF) Given Consensus Rating of “Hold” by Analysts

From MarketBeat:

Abercrombie & Fitch Co. (NYSE: ANF) has a consensus rating of “Hold” by six brokerages. Among analysts who reported in the past year, the average 12-month price target is $63.00. Four analysts rated the stock as hold and two gave it a buy rating. Insider Sarah M. Gallagher sold 13,225 shares on November 22nd.

Hedge funds and institutional investors made substantial adjustments to their holdings of ANF. Majority demonstrated an increase in their holdings, showing confidence in the company’s performance. On Friday, ANF shares opened at $90.54 and continue to trade in this range, currently at $94.27. The company has a market cap of $4.56 billion.

ANF announced quarterly earnings data for November 21st. The retailer reported $1.83 earnings per share for the quarter, higher than the consensus estimate of $1.18. The company had revenue of $1.06 billion, up 20% from the same quarter last year. Equities research analysts predict ANF will post 5.74 earnings per share for the current fiscal year.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer in the United States and internationally. The company operates through two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and kids under various brand names.



Read more: Abercrombie & Fitch Co. (NYSE:ANF) Given Consensus Rating of “Hold” by Analysts