Brokerage Firm Rating Update on Abercrombie & Fitch Company (ANF)

Abercrombie & Fitch Company (ANF) : Zacks Investment Research ranks Abercrombie & Fitch Company (ANF) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 2.61, which indicates as a Hold.

Abercrombie & Fitch Company (ANF) : 15 Wall Street analysts covering Abercrombie & Fitch Company (ANF) believe that the average level the stock could reach for the short term is $21.47. The maximum price target given is $30 and the minimum target for short term is around $16, hence the standard deviation is calculated at $3.81.


Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains its view on Abercrombie & Fitch Company (NYSE:ANF) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Citigroup lowers the price target from $23 per share to $22 per share on Abercrombie & Fitch Company. The rating by the firm was issued on September 1, 2016.

Abercrombie & Fitch Company (NYSE:ANF): The stock opened at $17.24 and touched an intraday high of $17.4 on Wednesday. During the day, the stock corrected to an intraday low of $17.12, however, the bulls stepped in and pushed the price higher to close in the green at $17.28 with a gain of 2.01% for the day. The total traded volume for the day was 3,378,252. The stock had closed at $16.94 in the previous trading session.

Abercrombie & Fitch Co. (A&F) is a retailer that operates stores and direct-to-consumer operations. The Company operates through three business segments: U.S. Stores, International Stores and Direct-to-Consumer. The U.S. Stores segment includes store operations in the United States and Puerto Rico. The International Stores segment includes store operations in Canada, Europe, Asia, Australia and the Middle East. The Direct-to-Consumer segment includes operations directly associated with on-line operations, both United States and international. A&F sells products, including casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. It also sells bras, underwear, personal care products, sleepwear and at-home products for girls through Hollister under the Gilly Hicks brand.

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