Impact of Brokerage Rating on Abercrombie & Fitch Company(ANF)

Many Abercrombie & Fitch Company(ANF) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Abercrombie & Fitch Co. was Upgraded by FBR & Co. on Jan 4, 2017 to Mkt Perform, Price Target of the shares are set at $13.Abercrombie & Fitch Co. was Downgraded by Oppenheimer to Underperform on Jan 3, 2017. Abercrombie & Fitch Co. was Downgraded by Jefferies to Hold on Jan 3, 2017. Abercrombie & Fitch Co. was Downgraded by Deutsche Bank on Nov 23, 2016 to Sell, Lowers Price Target to $ 13 from a previous price target of $14 .Abercrombie & Fitch Co. was Downgraded by RBC Capital Mkts on Nov 21, 2016 to Underperform, Lowers Price Target to $ 12 from a previous price target of $20 .

Company has reported several Insider transactions to the SEC, on Sep 9, 2016, Bonadies Fran Horowitz (Pres. & Chief Merch. Officer) purchased 15,000 shares at 17.32 per share price.On Sep 6, 2016, Craig R Stapleton (director) purchased 10,000 shares at 17.65 per share price.On Mar 22, 2016, Diane Chang (EVP of Sourcing) sold 7,600 shares at 32.05 per share price.

Abercrombie & Fitch Co. Last issued its quarterly earnings results on Nov 18, 2016. The company reported $0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.22. Analyst had a consensus of $0.24. The company had revenue of $821.70 million for the quarter, compared to analysts expectations of $832.48 million. The companys revenue was down -6.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.

Abercrombie & Fitch Company (NYSE:ANF) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 3.39 by 18 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 10 Brokerage Firms have advised hold. 5 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Abercrombie & Fitch Company (NYSE:ANF) shares are expected to touch $13.93 in the short term. This short term price target has been shared by 15 analysts. However, the standard deviation of short term price estimate has been valued at 2.96. The target price could hit $19 on the higher end and $10 on the lower end.

Abercrombie & Fitch Company (NYSE:ANF) rose 1.54% or 0.19 points on Tuesday and made its way into the gainers of the day. After trading began at $12.3 the stock was seen hitting $12.7 as a peak level and $12.3 as the lowest level. The stock ended up at $12.54. The daily volume was measured at 2,058,712 shares. The 52-week high of the share price is $32.83 and the 52-week low is $10.91. The company has a market cap of $849 million.

Abercrombie & Fitch Co. is principally engaged in the purchase, distribution and sale of mens, womens and kids casual apparel. The companys retail activities are conducted under the Abercrombie & Fitch and abercrombie trade names through retail stores, a catalogue, a magazine/catalogue and a website, all bearing some form of the company name. Merchandise is targeted to appeal to customers in specialty markets who have distinctive consumer characteristics.


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