Short Term Rating on Abercrombie & Fitch Company (ANF)

Abercrombie & Fitch Company (ANF) : Zacks Investment Research ranks Abercrombie & Fitch Company (ANF) as 5, which is a Strong Sell recommendation. 6 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 19 research analysts is 2.53, which indicates as a Hold.

Abercrombie & Fitch Company (ANF) : The highest short term price target forecast on Abercrombie & Fitch Company (ANF) is $35 and the lowest target price is $17. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $24.07 with a standard deviation of $4.93.

Company shares have received an average consensus rating of Hold for the current week


Abercrombie & Fitch Company (NYSE:ANF): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.23 and $19.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.46, notching a gain of 1.73% for the day. The total traded volume was 1,646,193 . The stock had closed at $19.13 on the previous day.

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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