Abercrombie & Fitch Company (NYSE:ANF) Stock Has Average Price Target of $157.21 According to Brokerages

Shares of Abercrombie & Fitch Company (NYSE:ANF) have been given an average rating of “Moderate Buy” by the sixteen analysts that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $157.21.

ANF has been the subject of several recent research reports. Wall Street Zen upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. Barclays upped their price target on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday, August 27th. JPMorgan Chase & Co. increased their price target on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th. Needham & Company LLC raised their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Finally, BTIG Research restated a “buy” rating and set a $175.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, October 7th.

Abercrombie & Fitch Stock Down 0.8%

Shares of ANF opened at $164.52 on Tuesday. The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 1.44 and a beta of 1.02. Abercrombie & Fitch has a 52-week low of $65.45 and a 52-week high of $167.09. The stock has a 50 day moving average price of $144.03 and a 200 day moving average price of $104.93.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. On average, equities analysts anticipate that Abercrombie & Fitch will post 11.42 EPS for the current fiscal year.

Insider Activity

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 2,000 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $146.82, for a total value of $293,640.00. Following the completion of the sale, the chief operating officer directly owned 145,534 shares of the company’s stock, valued at approximately $21,367,301.88. The trade was a 1.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the transaction, the executive vice president owned 15,651 shares of the company’s stock, valued at $2,308,522.50. This trade represents a 24.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 62,800 shares of company stock valued at $8,545,392. 2.33% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds have recently made changes to their positions in ANF. Dimensional Fund Advisors LP raised its position in Abercrombie & Fitch by 15.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after purchasing an additional 208,709 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Abercrombie & Fitch by 41.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock worth $119,722,000 after buying an additional 384,845 shares during the period. Bank of America Corp DE grew its stake in shares of Abercrombie & Fitch by 12.3% in the first quarter. Bank of America Corp DE now owns 486,134 shares of the apparel retailer’s stock valued at $44,418,000 after buying an additional 53,161 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Abercrombie & Fitch by 30.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 257,474 shares of the apparel retailer’s stock valued at $24,269,000 after buying an additional 60,454 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in shares of Abercrombie & Fitch during the 2nd quarter valued at about $20,035,000.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company’s offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.